Reported 4 months ago
Berkshire Hathaway, despite Warren Buffett's long-time skepticism of Bitcoin, has profited from its investment in Brazilian fintech Nu Holdings Ltd. Buffett famously called Bitcoin 'rat poison,' yet Berkshire's stake in Nu Holdings, established in 2013 and known for their Nucripto platform, has proved successful with a 125% market surge this year. This success highlights a shift in investment strategies for Berkshire, demonstrating the potential of digital assets despite Buffett's negative stance on Bitcoin.
Source: YAHOO