Labeled Bitcoin enemy number one earlier this year by Peter Thiel, Berkshire Hathaway Inc (NYSE: BRKA)(NYSE: BRKB) CEO Warren Buffett now owns a stake in Bitcoin thanks to one of his investments.
What Happened: In June 2021, Berkshire Hathaway invested $500 million in Brazilian digital bank Nubank. Buffett’s Berkshire Hathaway added to its position in the digital bank when the company went public as Nu Holdings (NYSE: NU) in December 2021.
For months, many have pointed to Nubank being a cryptocurrency friendly bank that could end up giving Buffett exposure to the trading of cryptocurrency. While Nubank is launching cryptocurrency trading of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) for its millions of users, the bank’s parent …
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