Justin Sun, founder and CEO of Tron (TRX), said that billionaire investor Warren Buffett still holds Bitcoin. He also claimed that Tron’s token, TRX, was also in Buffett’s wallet. So is this claim really true?
What happened to the BTC and TRXs that the Tron founder gifted to Buffett?
Tron founder Justin Sun believes legendary investor Warren Buffett continues to hold Bitcoin (BTC) and Tron (TRX). In February 2020, the crypto entrepreneur finally received the $4.5 million charity dinner with the “Oracle of Omaha.”
cryptocoin.comAs you follow, Justin Sun gifted Buffett a Samsung Galaxy Fold 2 phone loaded with 1 Bitcoin and 1,930,830 TRX tokens. The Tron founder thus made one of the most influential investors the owner of cryptocurrencies. However, it was unknown what billionaire investor Warren Buffett did with these cryptocurrencies. However, some users have noticed that wallets with gifted crypto are not active.
But after dinner, Warren Buffett told Sun that he had given the phone to the GLIDE Foundation. Legendary investor, “I do not have any cryptocurrency. It will never happen,” he said. So, given that he has a strong aversion to cryptocurrencies, it is likely that the billionaire is no longer involved with gift crypto.
Fierce anti-crypto: Warren Buffett
The Berkshire Hathaway boss is the seventh richest person on the planet with an estimated net worth of $97 billion. However, Warren Buffett is known as one of the harshest crypto critics. Recently, the legendary investor said that he will not buy all existing Bitcoins for just $25. He reiterated that the cryptocurrency is completely worthless because it actually produces nothing.
Berkshire Hathaway Vice President Charlie Munger calls Bitcoin the ‘devil’. He is not content with that and claims that the largest cryptocurrency will drop to zero. In 2018, Buffett described Bitcoin as “possible rat poison.” The comment made the cryptocurrency community quite angry. He made the “Oracle of Omaha” one of his worst enemies. In addition, Warren Buffett completely rejected the leading cryptocurrency in 2014.
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