Warren Buffett Lost $209 Million By Investing in Amazon Instead of Bitcoin

In mid-May, Warren Buffett made big news with a major splash into the Amazon equities pool. On May 15th Berkshire Hathaway added Amazon stock to its books for the first time. Berkshire executed a mammoth $904 million acquisition of the retail giant’s shares. That investment has performed well over the last two months. But not nearly as well as the bitcoin price.