“We’ve probably got hundreds of thousands of people watching this that own bitcoin, and we’ve got two people short,” Buffett said.
Bitcoin, the world’s largest cryptocurrency, broke consecutive records above the $63,000-level before tumbling below $50,000 last month.
Despite the volatility, a number of companies and investors jumped in on the action.
Yum Brands, which operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, also began accepting cryptocurrencies.
Coinbase, the largest cryptocurrency exchange in the US, listed on the Nasdaq in April.
“I don’t think these bitcoin collections are going to be worth anything when the music stops.