The post Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century appeared on BitcoinEthereumNews.com.

Key Takeaways Warren Buffett will step down as CEO of Berkshire Hathaway by the end of the year, with Greg Abel taking over. Under Buffett’s leadership, Berkshire achieved a 20% compounded annual gain from 1965 to 2024, significantly outperforming the S&P 500. Strategy Executive Chairman Michael Saylor has called Berkshire Hathaway, the renowned investment firm helmed by the legendary Warren Buffett, the Bitcoin of the 20th century. Berkshire Hathaway is 20th Century Bitcoin. — Michael Saylor (@saylor) May 3, 2025 Saylor made the statement on May 3, the same day as Berkshire Hathaway’s annual shareholder meeting in Nebraska. Shortly afterwards, Buffett announced he planned to step down as CEO by year’s end, passing the torch to Vice Chairman Greg Abel. “I think the time has arrived where Greg should become the chief executive officer of the company at year-end,” Buffett said at the close of Berkshire’s meeting. The 94-year-old billionaire, who has led Berkshire for 60 years, said that he would not sell any of his Berkshire shares and plans to remain involved in certain matters, CNBC reported. The move marks the end of an era for one of the most iconic figures in global finance. Buffett has turned Berkshire into a $1.1 trillion conglomerate and has become a symbol of disciplined, long-term investing. Buffett hints at diversifying into other currencies Also during the meeting, Buffett noted that Berkshire avoids holding assets tied to collapsing currencies. The company, he said, is open to diversifying into other currencies if the U.S. faces economic issues. “Obviously we wouldn’t want to be owning anything that we thought was in a currency that was really going to hell,” he said. “There could be… things happen in the United States that… make us want to own a lot of other currencies.” Other key topics raised…

---

Filed under: News - @ May 3, 2025 10:11 pm