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Warren Buffett Still Has Bitcoin, According To The Tron CEO

Justin Sun, the creator of Tron, asserts that renowned investor Warren Buffett still owns both Tron and Bitcoin (BTC) (TRX).

Warren Buffett Still Has Bitcoin, According To The Tron CEO

The cryptocurrency entrepreneur finally received his $4.5 million charity meal with the “Oracle of Omaha” in February 2020. Buffett became a cryptocurrency owner when Sun gave him a Samsung Galaxy Fold 2 phone that was pre-loaded with 1 Bitcoin and 1,930,830 TRX tokens.

Warren Buffett is one of the most important investors in the world

Warren Buffett Still Has Bitcoin, According To The Tron CEO

Some users discovered that the wallets containing gifted cryptocurrency were still inactive.

Buffett revealed to Sun that he had given the phone to the GLIDE Foundation after the dinner, though.

“I don’t own any cryptocurrency. I never will,” the “Oracle of Omaha” said.

Therefore, considering that he has a strong aversion to cryptocurrencies, it is likely that the billionaire has nothing to do with the gifted cryptocurrency any longer. The CEO of Berkshire Hathaway, who is ranked seventh in terms of wealth on the planet with an estimated net worth of $97 billion, is regarded as one of the most outspoken opponents of cryptocurrencies.

The renowned investor recently reiterated the fact that Bitcoin is utterly worthless because it doesn’t truly create anything when he declared that he wouldn’t buy all of them for just $25.

Charlie Munger, vice chairman of Berkshire Hathaway, warned that Bitcoin would become “evil” and that the largest cryptocurrency will fall to zero. Buffett once referred to Bitcoin as “probably rat poison squared” in 2018. The “Oracle of Omaha” became one of the bitcoin community’s most despised figures as a result of the remark.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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