From Investing.com: 2024-05-04 09:30:18

MicroStrategy founder Michael Saylor tweets about Bitcoin overshadowing Warren Buffett’s Berkshire Hathaway after the recent shareholders meeting. Despite Buffett and Munger’s criticism, Bitcoin’s market cap exceeds Berkshire Hathaway. Saylor suggests Buffett follow MicroStrategy’s lead in investing in BTC. MicroStrategy recently purchased $7.8 million worth of Bitcoin, totaling $13.22 billion in holdings.

Bitcoin’s price has surged by 7% in the last 24 hours, reaching $63,190. Saylor’s tweet highlights the contrast between Bitcoin’s success and Buffett’s skepticism. With MicroStrategy’s success in Bitcoin investments, Saylor advocates for Berkshire Hathaway to consider diversifying into cryptocurrency.

Read more at Investing.com: Major Bitcoin Statement About Berkshire Hathaway Made by Michael Saylor By U.Today