Warren Buffett Buys Bitcoin -

His strict "value investing" strategy demands backing cash-flowing businesses and productive assets (like farms or real estate). Because Bitcoin does not produce tangible services or earnings, it does not fit his model. He views purchasing it not as investing, but as speculating on a "greater fool" who will pay more later.

If Warren Buffett or his successor, Greg Abel, ever announced a direct corporate purchase of Bitcoin for Berkshire's massive cash stockpile, it would cause a seismic shift in global finance. warren buffett buys bitcoin

Buffett prefers assets that produce a product, yield, or service. A farm grows food and an apartment generates rent. Bitcoin, in his view, merely sits there. If Warren Buffett or his successor, Greg Abel,

To understand why Buffett refuses to buy Bitcoin, one must look at his core investment principles: Bitcoin, in his view, merely sits there