Warren Buffett Steps Down as Berkshire Hathaway Chairman

Warren Buffett has officially stepped down as chairman of Berkshire Hathaway after over 60 years, transitioning to the role of Chairman Emeritus while remaining on the board. His son, Howard G. Buffett, will succeed him as chairman, while Greg Abel continues as CEO. Buffett, a long-time critic of Bitcoin, famously labeled the asset as "rat poison squared" in 2018 and consistently dismissed it as a non-productive, speculative mirage throughout his career.