- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Will Berkshire’s Bitcoin Position Now Evolve?
By: cryptosheadlines|2025/05/04 23:30:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Warren Buffett to step down, ending decades of opposition to Bitcoin at Berkshire.Greg Abel will lead, with potential changes in crypto exposure under his direction.Berkshire still holds shares in Nu Holdings, a firm offering crypto-related services.Warren Buffett, the Chairman and CEO of Berkshire Hathaway, affirmed on May 3 that he will step down, as reported by Yahoo Finance. The announcement came during the company’s 60th Annual Shareholders Meeting, marking a historic change in leadership. Buffett, who led the firm for over six decades, revealed that Vice Chairman Greg Abel will take over as CEO by year-end.Buffett stated that while he may remain available in limited roles, final decisions will rest with Abel moving forward. He also emphasized that he does not plan to sell his shares in the company as part of the transition.Board Transition Process Begins This WeekThe leadership update was not known to the full board prior to the announcement. According to Buffett, only his children, Susie and Howard, were informed. The rest of the board is scheduled to discuss the succession plan during a meeting on Sunday, May 4.Greg Abel currently oversees Berkshire Hathaway’s non-insurance businesses and has been publicly identified as Buffett’s likely successor since 2021. Despite not being informed in advance, Abel remains the top recommendation from Buffett to assume the CEO role.The occasion provided Buffett with the opportunity to discuss trade-related issues. Open trade relations remain important in light of the tense U.S.–China relations that intensified under President Trump according to Warren Buffett during the event. The United States should develop its foreign trade relations by expanding business activities worldwide instead of employing trade as a hostile instrument. Although he did not express support for any specific policy, his comments came amid continued debate over tariffs and economic alignment.Future of Bitcoin at Berkshire Remains UnclearThe retirement of Warren Buffett brings uncertainty about the company’s position regarding digital currency especially Bitcoin. Buffett established a clear opposition to Bitcoin and other digital assets because of his historical rejection of cryptocurrencies.However, Berkshire Hathaway holds shares in Brazilian fintech company Nu Holdings, which offers crypto-related financial products. The company has increased its stake in Nu Holdings over time, signaling activity in the digital asset sector.With Abel set to lead the company, observers are watching how Berkshire Hathaway may evolve in terms of digital asset exposure. Abel is known for his direct involvement in investment decisions, which contrasts with Buffett’s more delegated approach.The regulatory environment for crypto companies continues to experience changing regulatory policies. Senator Cynthia Lummis introduced the Bitcoin Act during the Trump presidency, aiming to smooth some operational hurdles for crypto companies. Since the executive transition at Berkshire Hathaway there has been no indication about crypto asset investments.Source link
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App