Warren Buffett exits crypto-friendly Nubank holdings with a ~$250M profit
Key takeaways:
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Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.
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The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and Q1 2025.
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Buffett’s exit aligns with Berkshire’s broader financial sector pullback and growing cash reserve strategy.
Warren Buffett, the legendary investor long known for his skepticism toward cryptocurrencies, has fully exited his position in one of Latin America’s most crypto-friendly banks, Nubank, before his departure from Berkshire Hathaway.
Berkshire earns $250 million from crypto investments
A May 15 filing with the US Securities and Exchange Commission (SEC) confirmed that Berkshire has liquidated…