{"id":9260,"date":"2025-01-23T11:01:56","date_gmt":"2025-01-23T11:01:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9260"},"modified":"2025-01-23T11:01:56","modified_gmt":"2025-01-23T11:01:56","slug":"is-warren-buffett-changing-his-stance-on-crypto-berkshire-hathaway-invests-millions-in-crypto-bank","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9260","title":{"rendered":"Is Warren Buffett Changing His Stance On Crypto? Berkshire Hathaway Invests Millions In Crypto Bank"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">On 22 January 2025, Nebraska- headquartered Berkshire Hathaway took its first step in the crypto space and invested heavily in Brazilian crypto-linked bank.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Berkshire Hathaway reportedly put in millions in Nu Holdings Ltd, whose shares went up 27% year on year, according to a <a href=\"https:\/\/fortune.com\/2025\/01\/22\/warren-buffett-berkshire-hathaway-changes-stance-on-crypto\/\" target=\"_blank\" rel=\"nofollow\">Fortune report.<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400\">Berkshire Hathaway CEO and chairman Warren Buffett<\/span>\u00a0holds over 86 million shares in the company, as of the third quarter of 2024. These are valued at $1.179 billion, according to <a class=\"\" href=\"https:\/\/www.benzinga.com\/news\/management\/25\/01\/43073354\/warren-buffett-openly-called-bitcoin-a-rat-poison-in-2018-7-years-later-he-is-invested-in-this-crypto-linked-stock-which-soared-27-in-2024\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Benzinga<\/a>.<\/p>\n<p><span style=\"font-weight: 400\">However, in the past, Berkshire Hathaway CEO and chairman Warren Buffett has called Bitcoin\u00a0 \u201cprobably rat poison squared.\u201d <\/span>In fact, for the longest time, the legendary investor has been one of the most vocal critics of cryptocurrencies.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/warren-buffett-why-you-should-never-invest-in-bitcoin-btc-manipulation-theory\/\" rel=\"bookmark\">Warren Buffett: Why You Should Never Invest In Bitcoin (BTC Manipulation Theory)<\/a><\/strong><\/p>\n<h2>Berkshire Hathaway Reassess Its Position<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Berkshire Hathaway Doubles Down on Nubank<\/p>\n<p>Warren Buffett\u2019s Berkshire Hathaway upped its stake in Nubank, a Brazilian digital bank with crypto ties, from 0.1% in 2022 to 0.4% in 2023. That\u2019s now worth $1.2 billion.<\/p>\n<p>Nubank, which launched its crypto platform in 2022, has seen its\u2026 <a href=\"https:\/\/t.co\/jsj7gnce3m\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/jsj7gnce3m<\/a><\/p>\n<p>\u2014 IBC Group Official (@ibcgroupio) <a href=\"https:\/\/twitter.com\/ibcgroupio\/status\/1882327629505724684?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Back in 2018, in a CNBC<\/span><a href=\"https:\/\/www.cnbc.com\/2018\/01\/10\/buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\"> interview<\/span><\/a><span style=\"font-weight: 400\"> Buffett said, \u201cIn terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending. We don\u2019t own any, we\u2019re not short any, we\u2019ll never have a position in them.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">While details remain limited, the Berkshire Hathaway has reportedly invested in blockchain infrastructure companies and explored partnerships with firms specializing in digital asset custody and security.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Does this shift suggest that Buffett and his team may now view blockchain technology\u2014and by extension, cryptocurrencies\u2014as an unavoidable part of the financial landscape?<\/span><\/p>\n<p>Buffett\u2019s Berkshire Hathaway initially invested $500 million in Nubank in 2021 ahead of its IPO.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">15 New &amp; Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<h2>Nubank Includes Uniswap and Chainlink<\/h2>\n<p>Meanwhile, Nubank is considering moving its domicile to the UK and expanding to the US soon. According to a 20 January 2025 Reuters report, Nubank founder and CEO David Velez said,\u00a0\u201cWe are actively thinking what are some of the jurisdictions that make sense for us to consider, as we think about the next 10 years of global expansion.\u201d<\/p>\n<p>Furthermore, Velez is counting on Donald Trump\u2019s administration and its friendly approach towards digital assets, to expand in the US.<\/p>\n<p>Last year, Nubank <a href=\"https:\/\/international.nubank.com.br\/consumers\/nubank-launches-cryptocurrency-swap-tool-in-its-app\/\" target=\"_blank\" rel=\"nofollow\">launched<\/a> cryptocurrency swap tool in its app.<\/p>\n<p>\u201cNubank customers who hold cryptocurrencies will be able to trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or Uniswap (UNI) for digital dollars USDC and vice versa,\u201d the announcement said. \u201cThe new feature, integrated with Nubank Cripto, simplifies currency transactions through direct exchange.\u201d<\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/is-warren-buffett-changing-his-stance-on-crypto-berkshire-hathaway-invests-millions-in-crypto-bank\/\">Is Warren Buffett Changing His Stance On Crypto? Berkshire Hathaway Invests Millions In Crypto Bank<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 22 January 2025, Nebraska- headquartered Berkshire Hathaway took its first step in the crypto space and invested heavily in Brazilian crypto-linked bank.\u00a0 Berkshire Hathaway reportedly put in millions in Nu Holdings Ltd, whose shares went up 27% year on year, according to a Fortune report. Berkshire Hathaway CEO and chairman Warren Buffett\u00a0holds over 86 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9260","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9260"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9260\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}