Billionaire Microsoft co-founder Bill Gates tells CNBC he was given bitcoin once as a birthday present, but he sold shortly after.
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Bitcoin is the first application of blockchain technology, and companies are exploring ways to apply blockchain to supply chain management, trading and other areas. Gates is on the board of Warren Buffett 's Berkshire Hathaway and was speaking from Omaha, Nebraska, where the conglomerate held its annual shareholders meeting over the weekend.
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Billionaire investor Buffett and his longtime investing partner and vice chairman, Charlie Munger , spoke to the tens of thousands attendees on a wide range of topics, including bashing bitcoin as "rat poison. With Berkshire's annual meeting in the books, users can revisit the highlights in CNBC's Warren Buffett Archive , which houses searchable video from 25 full annual meetings, going back to , synchronized to 2, pages of transcripts.
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Markets Pre-Markets U. Key Points. Gates added someone once gave him some bitcoin for his birthday, but he sold it a few years afterward.
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