CoinwyCoinwy
  • Blockchain
  • Crypto
  • Market
  • News
Reading: Greg Abel to Succeed Warren Buffett as Berkshire Hathaway CEO
Share
Font ResizerAa
CoinwyCoinwy
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Categories
    • News
    • Market
    • Crypto
    • Coinbase
    • Mining
    • Stocks
  • Bookmarks
    • My Bookmarks
    • Customize Interests
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Coinwy > Blog > Market > Investor > Greg Abel to Succeed Warren Buffett as Berkshire Hathaway CEO
Investor

Greg Abel to Succeed Warren Buffett as Berkshire Hathaway CEO

Noah Carter
Last updated: May 6, 2025 12:56 pm
Noah Carter
Published: May 6, 2025
Share
Key Points:

  • Buffett announces retirement as CEO, Abel named successor.
  • Berkshire’s anti-Bitcoin policies remain.
  • No expected market shift from Berkshire’s stance.

Berkshire Hathaway’s consistent strategy continues as the company sticks with its traditional values, affecting potential market shifts.

Warren Buffett, the long-serving CEO of Berkshire Hathaway, announced his retirement at the end of 2025, with Greg Abel set to take over. Abel has been involved with Berkshire since joining the company, focusing largely on non-insurance operations.

Abel, currently Vice Chairman, will continue Berkshire’s skepticism toward Bitcoin and cryptocurrencies, in line with Buffett’s historical position. Abel has no recorded statements on Bitcoin, indicating no change in the company’s investment philosophy.

The announcement has not triggered any significant reactions in the cryptocurrency market. Berkshire maintains its large cash reserves, which could influence markets if invested, but indications point to continued traditional asset investments.

Berkshire’s succession planning ensures stability while maintaining its anti-crypto stance. The decision reflects Buffett’s views, with analysts anticipating no shift in philosophy under Abel. The market’s anticipation for a strategic change remains low.

“I think the time has arrived where Greg should become the chief executive officer of the company at year-end.” — Warren Buffett, CEO, Berkshire Hathaway

Historically, Buffett’s critique of Bitcoin as a “gambling token” has shaped Berkshire’s trajectory away from cryptocurrency. Technology investments have shown caution, with focus remaining on traditional sectors. Analysts view Abel’s appointment as a continuity of these established strategies.

Japan’s New Cryptocurrency Regulation Enacted
Kaito Blockchain Analytics Platform Resolves Data Display Error
Warren Buffett’s Retirement Announcement and Succession Plan
John Woeltz Arrested in Manhattan for Alleged Kidnapping and Torture
OpenAI Announces $40B Funding Led by SoftBank Group

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article SEC Delays Decision on Canary Capital’s Litecoin ETF
Next Article Jean Herelle’s CrunchDAO Collaborates with MIT on AI Advancements
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
BlockDAG's 2M Miners Set the Stage for $1 Launch: Pre-Listing Momentum Grows!
BlockDAG’s 2M Miners Set the Stage for $1 Launch: Pre-Listing Momentum Grows!
BTC Price will Hit $100K before Bitcoin Sweeps $30K Lows
Crypto Bahamas: Regulations Enter Critical Stage as Gov’t Shows Interest

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

©2024 Coinwy.com. All Rights Reserved.
  • Privacy Policy
  • Contact
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?