At 95 years old, Warren Buffett officially steps down as Berkshire Hathaway's CEO, causing ripples in the capital markets. As is well known, this investment master has described Bitcoin as "the square of rat poison," and he has never changed his stance over the past decade. Now, he is gradually stepping back from the spotlight, with Greg Abel taking over as the new leader. What does this change mean for the crypto market? The key may be more complex than expected.

Abel has long overseen Berkshire's energy business, known for his pragmatic approach and risk management. Unlike Buffett's "all-or-nothing" rejection, the new CEO has so far remained silent on cryptocurrencies. This silence itself is quite telling—no public opposition, which is akin to opening a door for the market.

Even more interesting is his professional background. Energy and electricity happen to be among the most mature fields for blockchain applications. Asset tokenization, grid data on-chain, new energy trading and settlement... these scenarios are gradually being implemented. Given the energy transition challenges Abel faces, he needs to be more tolerant of innovative businesses.

Berkshire holds over $340 billion in cash. A new leader without historical baggage, more willing to listen to market signals, combined with this massive liquidity, indeed opens up space for incremental funding in the crypto ecosystem. Of course, this does not mean aggressive investing. In Berkshire's style, any decision to enter the crypto space will be a long-term strategy rather than short-term speculation. The change may really be on the way, but the pace will be very Berkshire.