Is Warren Buffett a fan of bitcoin?

Warren Buffett is not a fan. Buffett isn't convinced bitcoin is a good investment. In February, Buffett had some harsh words for bitcoin and cryptocurrencies in a CNBC interview, saying that they "basically have no value." "You can't do anything with it except sell it to somebody else," he said, per Insider's Theron Mohamed.

What does Warren Buffett like about stocks?

1. It doesn't have any intrinsic value Warren Buffett likes companies and assets that generate value in and of themselves. For example, if you invest in a farm, there is value in what that farm produces each year -- even if the stock itself does not gain value.

Could Buffett's Berkshire Hathaway be a cryptocurrency friendly bank?

Buffett’s Berkshire Hathaway added to its position in the digital bank when the company went public as Nu Holdings in December 2021. For months, many have pointed to Nubank being a cryptocurrency friendly bank that could end up giving Buffett exposure to the trading of cryptocurrency.

Why did Warren Buffett write a check?

Buffett, who’s worth $124 billion, explained that if the people who attended his meeting somehow owned all the farmland in the U.S. and he was offered a 1% stake on that farmland for $25 billion, he’d write out a check immediately because it’s a great deal on something that’s productive.