Michael Saylor, chairperson of Strategy (formerly MicroStrategy), wrote on the X platform: Berkshire Hathaway is "the bitcoin of the 20th century". It is reported that Berkshire Hathaway held a shareholder meeting yesterday to disclose that its cash position rose to $347.70 billion, a new record high, while Buffett, who once called bitcoin "rat poison", announced that he will step down as the company's chief executive at the end of the year.
Former Securities Exchange Commission head of crypto and cyber security David Hirsh has joined private law firm McGuireWoods to oversee securities enforcement and regulatory advisory practice.