Billionaire Warren Buffett Pours $752,000,000 Into New Assets After Dumping Apple, Bank of America

November 23, 2024 The Daily Hodl

Apple

Billionaire Warren Buffett is pouring hundreds of millions of dollars into two new investments. Berkshire Hathaway’s new 13F filings show the firm’s holdings as of September 30th, confirming Buffett has dumped another 100 million shares of Apple (AAPL) and 243.8 million shares of Bank of America (BAC). After several massive sales across multiple quarters, Berkshire […]

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Billionaire Warren Buffett Fumbles $40,000,000,000 After Dumping Apple, Bank of America, Wells Fargo, JPMorgan Chase and Goldman Sachs Early: Report

November 10, 2024 The Daily Hodl

bank

Billionaire Warren Buffett has now missed about $40 billion in gains after selling huge quantities of Berkshire Hathaway’s assets early, according to a new report. The famed investor reduced Berkshire’s positions by a net $127 billion in 2024, reports Barron’s, making headlines for dumping approximately $100 billion of Apple shares and $10 billion of Bank […]

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Billionaire Warren Buffett Pours $7,800,000,000 Into ‘High-Flying’ Asset After Dumping Bank of America, JPMorgan Chase and Wells Fargo: Report

November 2, 2024 The Daily Hodl

bank

Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned investor has sold $10.5 billion of Berkshire Hathaway’s stake in Bank of America since the summer, after selling all of the firm’s JPMorgan Chase and Wells Fargo positions in […]

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Billionaire Warren Buffett Dumps $10,500,000,000 in Berkshire’s Bank of America Stake After Slashing JPMorgan Chase, Wells Fargo Investments To Zero: Report

October 24, 2024 The Daily Hodl

Bank of America

Warren Buffett has now sold a staggering $10.5 billion of Berkshire Hathaway’s stake in Bank of America in a matter of months. New filings with the U.S. Securities and Exchange Commission shows the firm just sold an additional 8.54 million shares in September and October, worth $337.86 million. The move follows Berkshire’s complete exit from […]

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn

October 4, 2024 Bitcoin.com

Berkshire Hathaway

Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders to Stablecoins At 1 p.m. EDT on […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning

August 11, 2024 Coin Telegraph

American Express

MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.

MicroStrategy purchased its first Bitcoin (BTC) stash on Aug. 10, 2020, becoming the first public-traded company to adopt the cryptocurrency as its primary treasury reserve asset. Four years later, the bold move has evolved into a defining strategy for the company that has outpaced even the returns of Warren Buffett's Berkshire Hathaway.

As of Aug. 10, 2024, MicroStrategy had 226,500 BTC worth $13.771 billion in reserves, which it acquired at an average cost of around $37,000. With Bitcoin currently trading at approximately $60,500, MicroStrategy is now sitting on unrealized profits of about $5.39 billion.

Despite the substantial gains, Michael Saylor's company has maintained its Bitcoin holdings, choosing not to liquidate any of its accumulated assets. It has expressed its intention to continue accumulating Bitcoin, further evidenced by its most recent purchase on Aug. 1.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

$277,000,000,000 in Cash Hoarded by Berkshire Hathaway As Warren Buffett Dumps Apple, Bank of America

August 3, 2024 The Daily Hodl

Apple

Berkshire Hathaway is now holding onto a record $277 billion in cash as the economy teeters. Second quarter results show the investing giant led by Warren Buffett sold $75.5 billion worth of stock on a net basis in the period. The new round of selling brought the total amount of stocks sold by Berkshire in […]

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Nubank brings Bitcoin Lightning to its 100M Latin American customers

June 26, 2024 Coin Telegraph

Berkshire Hathaway

Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.

Brazilian neobank Nubank has partnered with payments platform Lightspark to offer the Bitcoin Lightning Network to its 100 million customers in Latin America.

Lightspark said on June 25 that it’s working with Nubank to start the Lightning “integration, mapping, and building potential products” and would have “more to share in the future.”

Lightspark will also integrate the Universal Money Address standard — a payment system built on top of Lightning that gives users an email-like address to transfer money.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitcoin vs. Buffett: BTC holders’ 104% CAGR dwarfs ‘steady growth’ portfolio

June 10, 2024 Coin Telegraph

Berkshire Hathaway

Since its trading debut in 2011, Bitcoin has delivered an impressive average annual return of approximately 104%, surpassing the returns of Warren Buffett’s portfolio and U.S. stock markets.

Comparing Bitcoin’s (BTC) compound annual growth rate (CAGR) with the returns achieved by Warren Buffett’s portfolio — with its top holdings being Apple, Bank of America, American Express, Coca-Cola and Chevron Corp — shows starkly different risk-reward profiles and performance over varying timeframes.

For instance, according to the data resource Lazy Portfolio ETF, Warren Buffett’s portfolio has obtained a 10.03% CAGR with a 13.67% standard deviation in the last 30 years. In comparison, United States company stock portfolios have more or less offered similar returns but with a higher standard deviation.

In other words, the Oracle of Omaha’s portfolio has returned impressive results despite being less volatile or risky than U.S. stock portfolios. His investment philosophy emphasizes long-term value investing, prudent risk management and a preference for fundamentally strong companies.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold

June 5, 2024 Bitcoin.com

Bitcoin Must Hit ,740 to Match Silver’s Market Cap, Over 0,000 to Surpass Gold

Berkshire Hathaway

Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match silver’s current $1.67 trillion valuation. Bitcoin Is Now in 9th Place Among the World’s Largest […]

Berkshire Hathaway

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