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Tag Archives: berkshire hathaway

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. Crypto watchers might remember that a few years ago, Bitcoin was declared the top-performing asset of the 2010s, even beating out competitors like gold and stocks like Apple Inc (NASDAQ: AAPL). Now, it seems history is repeating itself, according to Infinite Market Cap, a platform that tracks the market capitalization of thousands of assets. As per...

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Berkshire Hathaway Sells 2.53 Million of China’s BYD Shares

Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008. American multinational conglomerate Berkshire Hathaway (NYSE: BRK.B) sold 2.52 million shares of Chinese EV maker BYD listed in Hong Kong on the 19th of June. A stock exchange filing revealed that the investment company sold the shares for HKUS$ 675.80 million, equaling $86.3 million. Berkshire Cuts China’s BYD Shares Holdings Following the sale of the BYD share, Berkshire Hathaway’s holdings in the...

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Warren Buffett’s Berkshire Hathaway Increases Stake in Five Major Trading Firms in Japan

Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in these firms is over 8.5%. Berkshire Hathaway announced that National Indemnity Company now has more stakes in Mitsubishi, Marubeni, Sumitomo,...

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Munger Bashes BTC Despite Berkshire Investment

Charlie Munger – the vice president of Berkshire Hathaway, the real estate company headed by Warren Buffett – is a billionaire investor. He knows a lot about money and how to make it. At the same time, he is also 98 years of age, which doesn’t necessarily put him at the top of the “bitcoin geniuses” list. Charlie Munger Hates Bitcoin To be fair to Munger, he’s an incredibly accomplished person. He has assisted in the building of a billion-dollar real estate company that...

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Bitcoin Price Down 12% Since New Year to Date, While S&P 500 Down 28.5%

Bitcoin price is down 12.5%, S&P 500, Nasdaq indexes as well as companies like Berkhire Hathway has also lost significantly since the beginning of the year. Oil war adds fire to the financial crash party.Since the year beginning, the halving hype was striking the news. Many of the industry experts issued predictions of a sharp price increase. However, even despite the halving that will make Bitcoin more scarce, coronavirus is drowning the markets. Bitcoin has gained a lot, yet lost -12.5%...

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