‼️ Breaking News: ‼️
Warren Buffett is warming up for Bitcoin. 🔥
Warren Buffett, a renowned value investor, in the past he has been hesitant to invest in cryptocurrencies, arguing that they are not value-producing assets. 🚫
However, his Berkshire Hathaway investment in Brazilian fintech Nu Holdings Ltd. in 2023, which offered credit cards, banking, and crypto trading, has paid off well. 💸
Buffett and Berkshire invested $500 million in the company during series G funding, and Buffett increased his stake by another $500 million. 💵
The company's price appreciated by 93% in 2023, making it the most profitable investment in Berkshire Hathaway's portfolio. 📝
This could prompt Berkshire Hathaway to consider other crypto stocks or cryptocurrencies. 🪙
As crypto becomes more mainstream, it remains to be seen whether Buffett and Berkshire will continue investing in crypto stocks or major tokens like Bitcoin. ⁉️
More recently Warren Buffet has also sold his Apple shares worth $2 Billion. His investment in the Bitcoin will change the course of cryptocurrency world. 🌍 🚀
🔥 Stay tuned 🔥
