Berkshire Hathaway enters a new era as Warren Buffett steps down as chairman, while the firm continues to distance itself from crypto assets like Bitcoin after divesting its stake in Nubank.
Warren Buffett is stepping down as chairman of Berkshire Hathaway, a major leadership transition for the conglomerate.
Warren Buffett reiterated his historical negative view on Bitcoin, calling it 'rat poison squared' and predicting a bad ending.
Berkshire Hathaway divested its entire stake in Nubank in Q1 2025, signaling a lack of long-term conviction despite the bank's crypto-friendly stance.
Ripple's legal chief expressed bullishness on XRP following a legislative vote failure, mentioned in a separate context within the article.
Solana was noted to get the default spot for stablecoins at an FDIC-insured bank, mentioned in a separate context within the article.
Warren Buffett has officially stepped down as chairman of the $1 trillion conglomerate Berkshire Hathaway, transitioning to the role of chairman emeritus. His son, Howard Buffett, will assume the chairmanship as the firm navigates a major leadership shift. The move follows Buffett's departure as CEO in March 2025, marking the end of an era for the legendary investor who transformed the company into a global powerhouse.
Following his resignation as chairman, Warren Buffett now serves as chairman emeritus and remains a member of the board of directors.
No, the company has never directly invested in crypto assets and recently divested its stake in the crypto-friendly digital bank Nubank.