In a recent social media post, Pro XRP lawyer John Deaton led a comparison between strategy co-founder Michael Saylor and Berkshire Hathaway CEO Warren Buffett.
XRP defenders who tried to beat code skeptical Elizabeth Warren at last year’s Massachusetts Senate race believe Saylor is about to influence Bitcoin as much as “Omaha’s Oracles.”
Deaton points out the fact that Berkshire Hathaway currently owns 5% of the total market for the US Treasury. Such a stunning companion was recently created by the bank’s giant JP Morgan.
Berkshire Hathaway’s massive $314 billion stockpile is primarily parked in the T-Bill.
The conglomerate is the fourth largest owner of T-buildings around the world, surpassing several foreign banks.
Large cash piles could potentially unfold during major Black Swan events.
On the other hand, strategies are actively maintained purchase More coins, and recently expanded its total holdings to around 570,000 coins.
Deaton believes that Saylor ultimately wants to control 5% of all coins in the circulation.