TechFlow news, on December 2, according to Bitcoin.comNews, MicroStrategy Executive Chairman Michael Saylor criticized Berkshire Hathaway's cash management strategy during the PBD Podcast. He pointed out that Berkshire's $325 billion cash reserves generate a maximum of 3% after-tax returns while facing a 15% cost of capital, resulting in a monthly loss of approximately $3 billion in shareholder value.
Saylor expressed confidence that he could convince Buffett to invest in Bitcoin within one hour, and believes the late Charlie Munger would have also supported such a decision.
Add to Favorites
Share to Social Media
