Citing RBC, Warren Buffett, the 95-year-old billionaire and long-time CEO of Berkshire Hathaway, published his final letter to shareholders on November 10, 2025, marking the end of his over six-decade leadership. In the letter, Buffett reiterated his long-standing opposition to Bitcoin, calling it a speculative asset with no intrinsic value or cash flow. He emphasized that even if offered all Bitcoin in the world for $25, he would not accept it. Buffett and his late partner Charlie Munger have consistently criticized cryptocurrencies, with Munger previously calling Bitcoin 'disgusting' and a 'venereal disease.' Despite Berkshire Hathaway's indirect exposure to crypto through its investment in Brazil's Nu Holdings, Buffett maintains that returns come from corporate profits, not speculative trading.
Warren Buffett's Final Letter to Shareholders: Why He Refused to Buy Bitcoin
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