ChainCatcher news, according to Cointelegraph, Buffett's Berkshire Hathaway rose 0.75% on August 28, surpassing a market capitalization of $1 trillion, comparable to the total market capitalization of Bitcoin. So far in 2024, the stock has risen over 29%, exceeding the S&P 500 index's increase of 17%, and is comparable to Bitcoin's increase of 31% during the same period.It is reported that Berkshire achieved impressive profits in 2024 through a diversified business portfolio in insurance, energy, manufacturing, retail, and services. In the first half of this year, these business segments generated profits of $22.8 billion, a 26% increase compared to last year.

ChainCatcher news, the 2024 Berkshire Hathaway shareholder meeting is currently underway. According to the latest data from 8marketcap, the current market capitalization of Bitcoin is approximately $1.253 trillion, while Berkshire Hathaway's market capitalization is about $867.59 billion, with the former exceeding the latter by over $385 billion.Buffett has referred to Bitcoin as a "gambling token" and "rat poison," and stated that he does not hold any cryptocurrency.

ChainCatcher news, according to the latest data from 8marketcap, Bitcoin has surpassed Berkshire Hathaway to return to the top 10 global assets/companies by market capitalization. With the price rising above $40,000, Bitcoin's market capitalization has reached $784 billion, ranking 10th in the global asset market capitalization.