Why doesn’t Buffett need or invest in Bitcoin?

Their investment strategy is to find companies with intrinsic value, stable cash flow, and both tangible and intangible assets to invest in. Bitcoin has none of these characteristics. They do not invest in companies they do not understand; they invested in Apple in 2016, when Apple was no longer an innovative company.

Additionally, every time they invest in a company, due to their reputation, that company sees a significant surge; however, investing in Bitcoin does not have such an influence. Why would they boost your cryptocurrency market?

What do you think? Let Linkie know in the comments👇

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