Berkshire Hathaway’s incoming CEO Greg Abel hates Bitcoin just as much as his predecessor Warren
The post Berkshire Hathaway’s incoming CEO Greg Abel hates Bitcoin just as much as his predecessor Warren appeared on BitcoinEthereumNews.com.
Greg Abel hasn’t said much about Bitcoin, but he doesn’t have to. His silence is loud and clear as day. The guy who’s about to run Berkshire Hathaway, the most powerful financial machine on the planet, has been treating crypto like it doesn’t even exist. And that’s exactly the same playbook Warren Buffett used at first before straight up calling Bitcoin “rat poison squared” and dumping it in the trash with no hesitation. Nobody’s expecting Greg to suddenly wake up and start stacking sats. That’s not who he is, and that’s not what Berkshire has ever done. Per Cryptopolitan’s extensive investigation, Greg hasn’t given a single public statement on crypto. We see the man has spent his whole life investing in real-world stuff. Utilities. Railroads. Retail chains. Assets with wires, wheels, and weight. You don’t make it to the top of Berkshire’s utility empire by chasing volatile coins, though folks on X are still holding out for a miracle. They’re calling for a pivot now that big institutions like BlackRock are in the Bitcoin game with ETFs. Online chatter calling that hope “peak hopium” is probably the most realistic take so far. Until Greg opens his mouth and says otherwise, our assumption is clear: he’s keeping Berkshire away from crypto just like Buffett did. Greg takes control with hundreds of billions at his disposal Anyway, this past weekend, 40,000 shareholders packed into Omaha to give Warren Buffett a standing ovation. It was his last major moment as the boss of the empire he built over six decades. And right there in the crowd, standing and clapping, was Greg Abel. When the next annual meeting happens in 2026, all those people are going to be looking at him instead. The torch has been passed. Now Greg is 62 years old, and…
Filed under: News - @ May 5, 2025 1:27 pm