Warren Buffett has compared bitcoin to rat poison. Now, he's going to be talking about it over steak with a crypto CEO, who bid more than $4.5 million to have lunch with the Oracle of Omaha. CNBCCrypto
, told CNBC on Tuesday he wants to change the billionaire investor's mind on hating bitcoin.
Sun, founder of cryptocurrency Tron and CEO of file-sharing company BitTorrent, had the highest bid in the 20 years of the charity auction. Proceeds go to the Glide Foundation to help the homeless in San Francisco, where BitTorrent is located. Winning the auction allows Sun to invite seven guests, and he said he's going to bring other cryptocurrency industry leaders to the lunch in New York. But he told CNBC he's not sure who he's going to be bring yet.
Sun said he's a believer and a fan of Buffet and his "long-term value investing strategy." He added that he wants to pay Buffett "back for his inspiration."chairman and CEO is not a fan of bitcoin. In the past, he's called it "rat poison squared."that he was looking forward to it. The date for the lunch isn't set.
While some past winners have chosen to stay anonymous, Ted Weschler — later hired as a Berkshire investment manager — and Greenlight Capital's David Einhorn were winners of the auction in previous years.
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