The company added new companies in the forms of Ulta Beauty (NASDAQ:ULTA) and HEICO (NYSE:HEI) Corp to the list. The total portfolio value of Warren Buffett’s company stands at a staggering $279,969,065,000.
When the news broke, it naturally sparked discussion and debate. However, an interesting point of view was presented by Nate Geraci, who is the president of the ETF Store. Geraci said that he would like to see the crypto community’s reaction if Warren Buffet bought Bitcoin or Ethereum ETFs. “Complete meltdown,” Geraci assumed.
On the other hand, while Buffett’s skepticism toward BTC has been all over the news, it is worth noting that Berkshire Hathaway has invested in Nu Holdings, a Brazilian fintech company that provides cryptocurrency services.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
