Analysis: Buffett's Retirement May Lead Berkshire Hathaway to Gradually Embrace BTC
According to a report by Jinse Finance, Warren Buffett, the founder and CEO of Berkshire Hathaway and a critic of Bitcoin, announced that he will retire at the end of the year and named Greg Abel as his preferred successor. This decision could signify a significant shift in the company's Bitcoin strategy. Currently, Berkshire Hathaway holds shares in the digital bank Nubank, which supports trading in mainstream digital currencies such as Bitcoin and Ethereum. Analysts believe that under Greg Abel's leadership, Berkshire Hathaway may continue to develop on this basis, and Trump's supportive stance on cryptocurrencies could also aid the company's transformation. Buffett also stated at the shareholders' meeting that "something might happen in the United States that makes us want to hold a large amount of other currencies."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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