Bitcoin

Bitcoin

Grayscale CEO on suing the SEC: ‘This lawsuit isn’t about bitcoin’

Grayscale Investments filed its first brief last week in its legal battle with the Securities and Exchange Commission over the agency’s refusal to let it convert its bitcoin fund into an exchange-traded fund. In an interview Monday for Yahoo Finance’s All Markets Summit, Grayscale CEO Michael Sonnenshein ...Read More

Warren Buffett: I wouldn’t buy all Bitcoin in the world for $25, it has no value

Berkshire Hathaway (NYSE: BRK.A) CEO Warren Buffett has reiterated his stance against Bitcoin, maintaining that he cannot invest in the cryptocurrency citing the lack of an intrinsic value. While speaking during the Berkshire Hathaway Annual Shareholder meeting, Buffett rationalized Bitcoin’s lack of tangible value while referencing how sectors ...Read More