Warren Buffett is one of the most watched investors on the surface of the earth. His achievements assigned capital as many years of CEO Berkshireha Saway (NYSE: BRK.A) (NYSE: BRK.B) The Konglomarit shares have shown itself by dropping 52,720 % jaw in the past 40 years.
Omaha’s Oracle is as good as anyone’s analysis of specific industries, companies, and stocks. Probably, it has come to consider investigating new types of assets in detail.
It may sound like a banana, but I think it’s wise to buy Warremba Fet -led Berkshireha Saway. Bitcoin (Crypto: BTC) Now right now.
Buffett has historically avoided money to technology companies. Focusing on what he fully understands means that Buffett was not actually a bitcoin fan. In 2018, he stated that the cryptocurrency was probably the “mouse poison”.
Buffett also stated in 2022 that he would not buy all bitcoin for $ 25. I am convinced that this bear is derived from the fact that Bitcoin is different from the conventional business that creates products and services sold to customers, and is producing revenue and cash flow.
Despite what Buffett said about bitcoin before, some obvious that Berkshire might consider buying it now, despite the fact that he was casting the top encryption from a negative perspective. There is a reason. One is related to cash.
As of September 30, Konglomarit had $ 325 billion cash, cash equivalent, and short -term investment. Balance sheet。 The numbers have been almost twice since the end of 2023 for a considerable stock sales in the public equity portfolio through 2024. Buffett was probably possible to buy it.
Berkshire clearly, in a limited place to park the capital, has more cash than knowing what to do. This is where bitcoin appears in the photo.
As of January 27, Bitcoin had a market capitalization of $ 2 trillion. Berkshire, for example, can invest 5 % of the cash balance in top digital assets over multiple transactions over a year, and will not affect Bitcoin’s price action.
This relatively small distribution is also useful for Berkshire to manage risks, purchasing a large amount of shares and patiently waiting for the opportunity to complete a large -scale acquisition, so the business will continue to wait patiently. can.
The story will continue