Does Buffett's Bitcoin Hate Hold Up in 2025?

Warren Buffett calls bitcoin “rat poison squared” — and he’s been pretty consistent about it. His take: crypto is pure speculation, no real business fundamentals, and he wouldn’t touch it even if you paid him.

But here’s the plot twist: His company Berkshire actually invested $750M into a Brazilian fintech platform that has crypto services. Not huge for a $1T company, but still… why the move?

Buffett’s real issue with crypto: It produces nothing. No cash flow, no products, no tangible value. For someone who builds wealth through strong companies with solid earnings, crypto is basically betting on momentum and FOMO.

That said, crypto adoption among businesses has been quietly expanding. More merchants accepting digital payments. More institutional players coming in. Trump’s pro-crypto stance also shifted the vibe — Bitcoin up 30% since November.

So what’s the lesson? Buffett’s framework isn’t wrong — crypto is volatile and fundamentals-light. But dismissing it entirely? That might be aging like fine wine or looking increasingly out of touch. Depends who you ask.