Berkshire Hathaway Invests in Jefferies
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Business & Economics
Warren Buffett's Berkshire Hathaway owns a stake in a company that pitches Bitcoin as an inflation hedge

57% Informative
Berkshire Hathaway holds 433,558 shares of financial services company Jefferies Financial Group Inc. ( NYSE : JEF ), worth nearly $34 million .
Jefferies deemed Bitcoin as a "critical hedge" against fiat debasement and inflation.
The investment bank recommended a 10% allocation to the asset for U.S. dollar-based long-term global investors.
VR Score
36
Informative language
27
Neutral language
32
Article tone
formal
Language
English
Language complexity
54
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
detected
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Time-value
short-lived
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