Warren Buffett steps down as Berkshire Hathaway chairman after 60 years

Warren Buffett has officially stepped down as chairman of the board at Berkshire Hathaway after 60 years, transitioning to the role of Chairman Emeritus at age 96. His son, Howard G. Buffett, will succeed him as chairman, while Greg Abel continues to serve as CEO. The transition follows a long-standing succession plan. Although Buffett has historically been a vocal critic of Bitcoin, Berkshire Hathaway has maintained an investment in Nu Holdings, a company involved in cryptocurrency trading, prompting speculation regarding the firm's future stance on digital assets.