Article Summary
Warren Buffett, known for his criticism of Bitcoin, recently made a $250 million profit by investing in Nubank, a company that facilitates Bitcoin trading and holds it on its balance sheet. Berkshire Hathaway, Buffett’s investment firm, sold all of its Nubank shares in three quarters of 2024 and 2025. Despite the sale, Nubank saw a 47% increase in net profit in Q1 of 2025 compared to the same quarter in 2024 and a 91% increase in net annual profit in 2024 compared to 2023. The sale of Nubank shares is part of Berkshire’s apparent exit from the financial sector, as it also sold shares of Citigroup and Bank of America during this time, reaching a record-high cash reserve of $347.8 million.
What This Means for You
- Recognize the potential investment opportunities in cryptocurrency companies, even if you are skeptical about the digital currency itself.
- Realize that successful companies can generate profits and experience growth even after losing significant investors.
- Stay informed about the decisions of major investment firms, as their actions can impact the market and create opportunities for savvy investors.
- Monitor Buffett’s investment strategies, as his past successes have solidified his status as a key figure in the investment world, and understanding his approach can provide valuable insights for your own investment decisions.
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Investment guru “>Bitcoin, hasn’t let that stop him from profiting from cryptocurrency-related ventures. His Berkshire Hathaway investment firm made a $250 million profit from offloading shares of Nubank, a company facilitating Bitcoin trading while also holding it on its balance sheet. This profit came from quarterly sales of Nubank shares, whose total value had surpassed Buffett’s original investment.
“Buffett and company wouldn’t be disappointed in the Bitcoin-related angles their firm decided to invest in,” according to TheBitcoinNews. As they’ve exited Nubank, the company has generated substantial profits.
Nubank’s Continued Growth
Despite
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