Odaily Planet Daily News: Berkshire Hathaway, led by Buffett, has completely exited its stake in the Brazilian digital bank Nu Holdings (the parent company of Nubank), realizing a profit of approximately $250 million. Despite Nubank achieving strong profit growth in the first quarters of 2024 and 2025, this exit is not based on the company's performance, but aligns with Berkshire Hathaway's broader strategy of divesting from its financial sector. In the first quarter of 2025, the company also sold all of its shares in Citigroup and reduced its holdings in Bank of America, totaling over $2.1 billion in financial stock sales. These actions have brought Berkshire's cash reserves to a record $347.8 billion, including $305.5 billion in short-term U.S. Treasury bonds. (Cointelegraph)