Berkshire Hathaway CEO Warren Buffett recently told CNBC that he doesn’t own any crytocurrency, rebutting reports to the contrary.
Tron CEO Justin Sun met with Buffett for a charity dinner earlier this month and gifted him both Bitcoin and Tron by handing him a Samsung Galaxy Fold loaded with a digital wallet containing the cryptocurrencies.
Sun took to Twitter after Buffett’s denials to prove he’d given the legendary investor 1 BTC and 1,930,830Â TRX, asserting that “the cryptos BTC/TRX that Mr. Buffett owns remain intact” and that blockchain data can prove it.
The cryptos $BTC/ $TRX Mr. Buffett owns remain intact w/ #blockchain proof which is the beauty of blockchain. I won’t interpret Mr.Buffett as a crypto investor, which he’s not. He only has the $BTC/ $TRX I gifted him in his @Samsung Galaxy Fold, which is a 20% return thus far!
— H.E. Justin Sun ??? (@justinsuntron) February 25, 2020
Buffett, apparently doubling down on his stance against cryptocurrency, chose to donate the Samsung Galaxy phone to Glide Foundation, reports CNBC’s Squawk Box, bringing Buffett’s crypto holdings to zilch.
Yesterday, Warren Buffett said: "I don't own any cryptocurrency. I never will."
@justinsuntron gave cryptocurrency to Buffett at their meeting, and afterwards Buffett turned the wallet over to GLIDE Foundation as a donation, @BeckyQuick reports. pic.twitter.com/cciYHIohll— Squawk Box (@SquawkCNBC) February 25, 2020
In the interview, Buffett joked that he could “start a war on currency,” detailing his version of crypto and why he believes that every single unit of Bitcoin, all the way up to its maximum supply of 21 million, is useless.
Warren Buffett Holds Zero Bitcoin and TRX, Donates Crypto Gift From Tron CEO Justin Sun
Sun flipped Buffett’s takedown into a new idea he thinks may suit the Berkshire Hathaway CEO: his very own WARRENCOIN for Buffett fans.
I will support WARRENCOIN on #TRON! WARRENCOIN would be a great crypto & I would support it wholeheartedly! 7 billion WARRENCOIN will be issued without monetary value, which means everyone should have one and be Mr. Buffett's fan. WARRENCOIN to the moon! ??
— H.E. Justin Sun ??? (@justinsuntron) February 25, 2020
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Igor Kyrlytsya
