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February 25, 2020

Warren Buffett Holds Zero Bitcoin (BTC) and TRX, Donates Crypto Gift From Tron CEO Justin Sun

By Daily Hodl Staff

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.

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Sun took to Twitter after Buffett’s denials to prove he’d given the legendary investor 1 BTC and 1,930,830 TRX, asserting that “the cryptos BTC/TRX that Mr. Buffett owns remain intact” and that blockchain data can prove it.

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.

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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.

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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

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