Buffett's Crypto Stance: Still "Rat Poison Squared" — But Actions Speak Louder?

Warren Buffett’s relationship with crypto is… complicated. He’s called bitcoin “rat poison squared,” said digital assets “will come to a bad ending,” and once claimed he wouldn’t take all the world’s BTC for $25. Pretty harsh, right?

But here’s where it gets spicy: Berkshire Hathaway quietly invested $750 million ($500M + $250M) in Nu Holdings, a Brazilian bank with its own crypto platform.

Meanwhile, bitcoin has pumped 30% since the day before Trump’s election win. Crypto adoption keeps growing across companies worldwide for payments and operations. Merchants are betting on digital currency for competitive advantage.

Buffett’s core issue? Crypto doesn’t fit his investing philosophy. He wants tangible products, strong financials, proven management, existing customer bases. Crypto’s value proposition is primarily as currency — it doesn’t “generate income” like stocks or bonds.

So the real question: Will Trump’s crypto enthusiasm push Buffett to reconsider, or will he stick to his guns? His $750M in Nu Holdings suggests he’s not completely opposed to the ecosystem — just skeptical of crypto as a standalone investment.

What’s your take — is Buffett missing out or playing it smart?