Do You Know Warren Buffett’s Berkshire Hathaway Has Positions In This Lesser-Known Crypto-Friendly Bank? Here’s How The Stock Has Performed This Year
Posted On December 13, 2024
Legendary Wall Street investor Warren Buffett‘s anti-cryptocurrency stance doesn’t need an introduction, and the “Oracle of Omaha” has consistently professed a complete lack of interest in the asset class.
Even the launch of the hugely popular spot exchange-traded funds linked to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) couldn’t sway Buffett’s opinion.
However, you might be surprised to learn that his firm, Berkshire Hathaway, has made significant investments in a lesser-known cryptocurrency-friendly firm.
What happened: Nu Holdings Ltd. (NYSE:NU), a Brazil-based holding company providing digital banking services, fares on the list of Berkshire Hathaway’s acquisitions.
The bank launched its cryptocurrency arm, Nubank Cripto, …
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