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Warren Buffett on bitcoin and crypto: We've had an explosion of gamblingBillionaire Warren Buffett memorably described Bitcoin as �rat poison squared� during a shareholder meeting in April While the billionaire investor has not bought cryptocurrencies and has continued to speak out against them, he does own shares of a company that has bet on Bitcoin and other leading cryptocurrencies. Billionaire investor Warren Buffett described bitcoin (BTC) as a "gambling token" in an interview with CNBC on Wednesday. "The Hash" panel discusses what to.