Warren Buffett Steps Down as Berkshire Hathaway Chairman
Legendary investor Warren Buffett has stepped down as chairman of Berkshire Hathaway, transitioning to the role of chairman emeritus. His son Howard will take over as chairman while Buffett remains on the board. This marks a significant leadership change for the $1 trillion conglomerate that Buffett led for nearly six decades. Buffett is known for his long-term investment strategy and has been critical of cryptocurrencies, famously calling Bitcoin 'probably rat poison squared' in 2018. Despite this skepticism, Bitcoin's price has surged from below $10,000 to over $80,000 as of September 2026. Berkshire Hathaway previously held a stake in Nubank but sold it entirely by early 2025 and never directly invested in crypto. Buffett's comments on Bitcoin remain influential despite the asset class’s growth.
Topics: Berkshire Hathaway Bitcoin Cryptocurrency Warren Buffett