dan on Nostr: Dear Fellow Shareholders, I am writing to inform you that we have recently decided to ...
Dear Fellow Shareholders,
I am writing to inform you that we have recently decided to make a significant investment in bitcoin. While this decision may come as a surprise to some of you, I would like to explain why we believe that bitcoin represents a compelling investment opportunity for Berkshire Hathaway.
Bitcoin is a decentralized digital currency that operates without a central authority. It is built on a technology called blockchain, which enables secure and transparent transactions. Bitcoin has gained increasing acceptance over the years, and we believe that it has the potential to become an important store of value and means of exchange.
We have always maintained a long-term investment horizon and focused on businesses that have strong competitive advantages and generate substantial cash flows. New data leads us to believe that bitcoin meets these criteria, and we are making this investment with a long-term perspective.
Our investment in bitcoin is not an endorsement of the cryptocurrency or the underlying technology. Rather, it is a bet on the potential for increased adoption and the benefits that may accrue to early investors.
Of course, bitcoin is a highly speculative asset, and it is subject to significant volatility and uncertainty. We are making this investment with eyes wide open, and we will continue to monitor our position carefully.
Our primary objective at Berkshire Hathaway is to generate long-term value for our shareholders. We believe that our investment in bitcoin is consistent with this objective, and we remain committed to pursuing sound investment strategies that will deliver sustainable returns over time.
Thank you for your continued support of our company.
Sincerely,
Greg Abel
I am writing to inform you that we have recently decided to make a significant investment in bitcoin. While this decision may come as a surprise to some of you, I would like to explain why we believe that bitcoin represents a compelling investment opportunity for Berkshire Hathaway.
Bitcoin is a decentralized digital currency that operates without a central authority. It is built on a technology called blockchain, which enables secure and transparent transactions. Bitcoin has gained increasing acceptance over the years, and we believe that it has the potential to become an important store of value and means of exchange.
We have always maintained a long-term investment horizon and focused on businesses that have strong competitive advantages and generate substantial cash flows. New data leads us to believe that bitcoin meets these criteria, and we are making this investment with a long-term perspective.
Our investment in bitcoin is not an endorsement of the cryptocurrency or the underlying technology. Rather, it is a bet on the potential for increased adoption and the benefits that may accrue to early investors.
Of course, bitcoin is a highly speculative asset, and it is subject to significant volatility and uncertainty. We are making this investment with eyes wide open, and we will continue to monitor our position carefully.
Our primary objective at Berkshire Hathaway is to generate long-term value for our shareholders. We believe that our investment in bitcoin is consistent with this objective, and we remain committed to pursuing sound investment strategies that will deliver sustainable returns over time.
Thank you for your continued support of our company.
Sincerely,
Greg Abel