On June 3, Berkshire Hathaway stock, BRK.A, experienced a significant but brief decline.

On June 3, Berkshire Hathaway stock, BRK.A, experienced a significant but brief decline due to a technical glitch on the New York Stock Exchange (NYSE). The problem caused Berkshire’s shares to plummet by nearly 100%, prompting the New York Stock Exchange to suspend trading in several major stocks in order to correct the problem.


Towards the end of trading, the New York Stock Exchange announced that it would immediately reverse erroneous trades resulting from the previous technical glitch. However, this whole episode has focused the market’s attention on the overall underperformance of Berkshire Hathaway shares relative to Bitcoin (BTC) over the past decade – without any problems.

Berkshire Hathaway shares fell almost 99% against Bitcoin

Berkshire Hathaway’s stock value has fallen nearly 100% against Bitcoin since 2015, from around 1,000 BTC to 9.15 BTC.

BRK.A weekly performance chart against BTC/USD. Source: Commercial View

Interestingly, BTC’s performance relative to BRK.A and its top stocks stands in stark contrast to Berkshire Hathaway owner Warren Buffett’s critical view of Bitcoin, which he has a day described as a “can of rat poison”.

وفقًا لنتائج محاكاة محفظة ناكاموتو، فإن دمج حتى 1٪ فقط من Apple’s Berkshire Hathaway Bank of America and American Express have 214, 240,000 dollars. five years. -Deadline modified.

Source: Nakamoto portfolio

Meanwhile, allocating 5-10% of a portfolio to Bitcoin would have generated impressive returns of 328-410% for Warren Buffett over the same period.


Bitcoin is more valuable than Berkshire, Meta

Buffett’s flexibility with Bitcoin hasn’t stopped the cryptocurrency from becoming one of the most valuable assets in the world.

As of June 4, Bitcoin’s net market capitalization was approximately $1.36 trillion, making it the ninth-largest asset in the world in terms of valuation. Interestingly, BTC outperforms Meta Platforms and Berkshire Hathaway, which have a market cap of $1.20 billion and $899.36 million.

Highest assets and companies by market capitalization in the world. Source:

Bitcoin’s valuation is likely to increase in the coming months and years as it gains momentum as a safe-haven alternative to gold, which currently has a market capitalization of 15,800 billions of dollars.

Related: Bitcoin Volatility Falls Below Tesla, Nvidia Stocks Amid $100K Price Expectations

For example, the price of gold, like that of Berkshire Hathaway shares, has fallen more than 99% relative to Bitcoin since 2015.

Monthly performance chart of XAU/USD against BTC/USD. Source: Commercial View

According to veteran trader Peter Brandt, Bitcoin is expected to grow by 230% to reach a new record of 100 ounces of gold per Bitcoin. In doing so, the cryptocurrency could then surpass the silver market capitalization of $1.68 trillion.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research before making a decision.

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