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Result of Berkshire holding cash instead of Bitcoin over the past few years

Bitcoin Reddit

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When Berkshire sold off APPL and other stocks to build a cash position, which at the time was ~$277B, Bitcoin was trading around $62k per coin.

If Berkshire had held Bitcoin instead of cash reserves from this time until now, they would have been worth roughly $220,000,000,000.00 more today than they currently are.

Over this same period:

In fiat terms, Berkshire grew by ~20%

In Bitcoin terms, Berkshire lost ~33% of it's value

Ironically, "rat poison" would have done wonders for their business

submitted by /u/JerryLeeDog
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