Posted 2/25/2024, 10:32:53 PM
Despite Past Criticism, Speculation Buffett Could Invest Berkshire's $167B Cash Stockpile in Bitcoin
- Warren Buffett has called Bitcoin a "gambling token" in the past and dismissed its value
- His late business partner Charlie Munger called it "rat poison" and hated cryptocurrencies
- Anthony Scaramucci speculated Buffett could buy Bitcoin as a cash hedge, despite past criticisms
- Buffett's Berkshire Hathaway has amassed $167B in cash, sparking ideas on how it could be invested
- Bitcoin has rallied in 2023, breaking $50k recently, but it's unclear if Buffett will ever invest in the crypto