Bitcoin Overtakes Tesla, Berkshire Hathaway Stock to Become Top 10 Asset
Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.
Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.
Berkshire Hathaway acknowledged the notable contribution and announced that Charlie’s family would handle all the affairs pursuant to his instructions.
Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments.
Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008.
Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake.
For the first time since Q1 2021, Berkshire Hathaway repurchased stock worth $4.4 billion smashing the previous record of $2.8 billion.
Nevertheless, Buffett thinks Bitcoin will continue going mainstream due to the human desire for quick profits.
In January 2023, BYD sold 151,341 vehicles, including 71,338 pure electric vehicles. The company has been ranking first in the sales of pure electric vehicles in China for ten consecutive months.
Warren Buffett’s Berkshire Hathaway offloaded 86% of the TSMC stock it holds roughly 3 months after acquiring it.
The likelihood that Berkshire Hathaway is going to invest in Binance is considered very slim as Binance is reportedly under the radar of authorities in the United States.