American businessman Warren Buffett, CEO of Berkshire Hathaway, said in his speech at the company's annual meeting that his opinion about Bitcoin is the same as before. According to Buffett, Bitcoin is not a necessary asset and does not create anything tangible. He said it is not known whether the price of BTC will rise or fall over the years, but he is confident that BTC has produced nothing.
Elon Musk Reacts to the Situation
Elon Musk sarcastically reacted to Buffett's words, saying, "It's funny that he repeats the word Bitcoin so much."