Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has mocked Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) Chairman Warren Buffett after his recent annual shareholder meeting.
Buffett attacked Bitcoin (CRYPTO: BTC) while answering an audience question about the apex cryptocurrency.
Musk was responding to a video clip on Twitter, posted by crypto-backing venture capitalist Marc Andreessen, saying Buffett repeatedly referenced Bitcoin in the clip.
Haha he says “Bitcoin” so many times
— Elon Musk (@elonmusk) May 1, 2022
MicroStrategy Inc (NASDAQ:MSTR) CEO and Bitcoin bull Michael Saylor also noted Buffett's comments.
Everyone can't stop talking about #Bitcoin.
— Michael Saylor� (@saylor) May 1, 2022
Andreessen called it "wild" that Buffett can attack Bitcoin "while nakedly shilling diabetes," referred to Buffett with boxes of See's Candies on stage during the meeting.
It’s so wild he says this stuff while nakedly shilling diabetes. pic.twitter.com/k4cy20PVpd
— Marc Andreessen (@pmarca) May 1, 2022
Berkshire Hathaway, incidentally, purchased See's Candies in 1972, and Buffett has called See's a "dream business." In 1982, he was offered $125 million for See’s, five times the $25 million he’d paid for it a decade earlier, but declined the offer.
Others in the Bitcoin community also responded to Buffett's remarks, pointing out his current connection to the crypto.
WARREN BUFFETT: I wouldn’t buy all the #Bitcoin in the world for $25
— Bitcoin Archive (@BTC_Archive) May 1, 2022
But he is invested in Nubank, a Brazilian bank which has listed a #Bitcoin ETF.
Ignore him…
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