In a major shift from traditional investment strategies, Warren Buffett’s Berkshire Hathaway is reportedly planning to invest in crypto-backed firms by increasing its stake through NuBank, a Brazilian digital banking giant known for its strong presence in the fintech and crypto sectors.
📉 Exit from U.S. Stocks
Over the past months, Berkshire Hathaway has quietly divested from a number of long-held U.S. equities. Companies such as Johnson & Johnson, Procter & Gamble, General Motors, and others have seen a complete withdrawal of Buffett’s holdings — signaling a significant redirection of capital.
💰 Pivot Toward Fintech & Crypto
This reallocation of capital appears to be headed toward emerging financial technologies, especially those involving cryptocurrencies and blockchain. NuBank, which already offers Bitcoin trading services and exposure to crypto ETFs, seems to be Berkshire’s new bet in the digital finance revolution.
🌐 Why NuBank?
NuBank is one of the largest neobanks in Latin America with over 80 million users.
It is heavily involved in cryptocurrency services, allowing users to trade Bitcoin and other digital assets directly from their accounts.
Berkshire Hathaway has previously invested $1 billion in NuBank and is now rumored to be increasing its stake further as part of this pivot.
🧠 Buffett's Paradoxical Strategy?
Interestingly, Warren Buffett has been a vocal skeptic of Bitcoin in the past, famously calling it “rat poison squared.” However, this latest move indicates a strategic financial play, likely driven by NuBank’s performance and the growing demand for crypto-financial services — not necessarily a personal change of heart about Bitcoin itself.
🔍 Market Reactions
Crypto markets are reacting positively to the news, with Bitcoin seeing a short-term bump and NuBank-related stocks and tokens gaining momentum. Many in the investment community are calling this move “Buffett's silent crypto endorsement.”
Conclusion: While Buffett may still not publicly support Bitcoin as a currency, his indirect investments through NuBank suggest confidence in the infrastructure surrounding it. This is a significant validation for the crypto industry — showing that even the most traditional investors are beginning to take it seriously.
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