Warren Buffett, the 95-year-old CEO of Berkshire Hathaway, released his final letter to shareholders on November 10, 2025, reiterating his opposition to Bitcoin. Buffett described Bitcoin as a speculative asset lacking intrinsic value or cash flow, stating he would not accept all Bitcoin in the world for $25. This stance aligns with his and his late partner Charlie Munger's long-standing criticism of cryptocurrencies.
Despite Berkshire Hathaway's indirect exposure to the crypto market through its investment in Brazil's Nu Holdings, Buffett emphasized that true returns are derived from corporate profits rather than speculative trading. His letter marks the end of over six decades of leadership at Berkshire Hathaway, underscoring his consistent investment philosophy.
Warren Buffett Reaffirms Bitcoin Stance in Final Shareholder Letter
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