Few names ring louder than Warren Buffett in the world of finance.
Known as the “Oracle of Omaha,” Buffett, chairman and CEO of Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B), has has transformed a struggling textile manufacturing firm into a portfolio valued at over $325 billion.
Buffett, however, has been infamously skeptical about cryptocurrencies, particularly Bitcoin (CRYPTO: BTC), which he famously called “rat poison squared” in a 2018 interview with CNBC.
Buffett even went so far as to wager that, given the chance, he would gladly “buy a five-year put on every one of the cryptocurrencies,” while also making it clear he would “never short a dime’s worth.”
Well, it’s been five years.
Buffett made that statement on May 5, 2018, …