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Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

The “Oracle of Omaha” also exited Citigroup and slashed Berkshire’s Bank of America holdings, offloading more than $2.1 billion in financial stocks.

Key takeaways:

Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.

The decision to divest didn’t appear to be performance-based—Nu Holdings posted record profits in 2024 and Q1 2025.

Read more

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Recent Posts
  • Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit
  • 90% of institutions ‘taking action’ on stablecoins: Fireblocks survey
  • China-linked consumer brand DayDayCook plans to acquire 5,000 Bitcoin
  • AI vibe coding: what it is, why it’s risky, and how to stay safe
  • Chainlink’s meeting with SEC leads to explanatory guidance for crypto industry
  • Central banks testing smart contract toolkit under BIS Project Pine
  • Here is why Bitcoin price is stuck below $105K

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