On June 3, Berkshire Hathaway's stock, BRK.A, experienced a momentary but significant plunge, attributed to a technical glitch on the New York Stock Exchange (NYSE). The glitch, causing Berkshire shares to seemingly plummet by nearly 100%, led to a temporary halt in trading for several prominent stocks as the NYSE worked to rectify the error.

While the NYSE swiftly corrected the erroneous trades by the close of trading, this incident has spotlighted Berkshire Hathaway's striking underperformance against Bitcoin over the past decade — a decline of almost 100%, even without any technical glitches.

Comparatively, Berkshire Hathaway's stock has seen a staggering 99% drop in value against Bitcoin since 2015, plummeting from approximately 1,000 BTC to 9.15 BTC.

Interestingly, this significant contrast in performance against Bitcoin comes amidst Berkshire Hathaway owner Warren Buffett's well-known skepticism toward the cryptocurrency, once famously labeling it as "rat poison squared."

Recent simulations from the Nakamoto Portfolio further underscore this discrepancy, revealing that even a mere 1% allocation of Bitcoin into Berkshire Hathaway's existing portfolio, alongside top stock holdings like Apple, Bank of America, and American Express, could have amplified returns from 214% to 240% over a five-year period.

Moreover, a more substantial allocation of 5%-10% to Bitcoin could have yielded remarkable returns of 328%-410% for Buffett during the same timeframe.

Despite Buffett's reservations, Bitcoin has solidified its position as one of the most valued assets globally. As of June 4, Bitcoin's net market capitalization stands at approximately $1.36 trillion, making it the ninth-largest asset by valuation, surpassing even Meta Platforms and Berkshire Hathaway, with market caps of $1.20 billion and $899.36 million, respectively.

Looking ahead, Bitcoin's valuation is poised for further growth, fueled by its emergence as a preferred alternative safe haven to gold. Notably, gold has also seen a drastic decline of over 99% against Bitcoin since 2015.

Renowned trader Peter Brandt predicts Bitcoin's ascent to new heights, projecting a potential 230% surge to achieve a record high of 100 ounces of gold per BTC. Such a milestone could propel Bitcoin's market cap beyond silver's current valuation of $1.68 trillion.