Leading investor Warren Buffett has bought companies he’s loved and invested in stocks of undervalued companies with strong cash flow. One thing Buffett hasn’t been a fan of in recent years, however, is cryptocurrency.
Highlights
- Warren Buffett has been an opponent of leading cryptocurrency Bitcoin BTC/USD for years.
- Buffett has said he wouldn’t buy Bitcoin even if it dropped to $25 per coin.
- Buffett and Berkshire Hathaway are shareholders in Nu Holdings NU, a Latin American digital bank.
- Bitcoin has outperformed both the S&P 500 and the Hathaway since Buffett’s now famous quote about the leading cryptocurrency.
- The legendary investor has not bought cryptocurrencies and has continued to speak out against them, but he does own shares of a company that has bet on Bitcoin and other leading cryptocurrencies.
- In January 2018, Buffett warned investors about investing in cryptocurrency.
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