CryptoBitcoinBitcoin market cap surpasses valuation of Berkshire Hathaway

Bitcoin market cap surpasses valuation of Berkshire Hathaway

Bitcoin has surpassed the market capitalization of Warren Buffett’s investment conglomerate, Berkshire Hathaway (NYSE:BRKa). This development was highlighted by Anthony Pompliano of Morgan Creek Digital on Crypto Twitter.

Pompliano pointed out that not only has the market value of bitcoin surpassed that of Berkshire Hathaway, but it has also outpaced the company’s growth over the past five years. This achievement is particularly symbolic for digital currency advocates, as Buffett has been a vocal critic of bitcoin and cryptocurrencies in general.

Known for his long-term investment strategy and skepticism of speculative assets, Buffett is currently ranked as the fifth richest person in the world, with a net worth of $118.5 billion.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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