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Bitcoin skyrocketed 750% since Warren Buffett called it 'rat poison' in 2018. Why was he cautious?

Economic Times 29 September 2026 at 10:22 am 1 min read 19 views Read Original
Bitcoin skyrocketed 750% since Warren Buffett called it 'rat poison' in 2018. Why was he cautious?

Bitcoin has surged around 750% since Warren Buffett called it “rat poison squared” in 2018, despite his longstanding concerns about cryptocurrencies. The digital asset has since hit record highs above $126,000, driven by growing institutional and investor interest, before correcting sharply. Here’s why Buffett remained cautious about Bitcoin.

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