Warren Buffett sees profit rise from Nubank, his ‘indirect’ Bitcoin venture
Warren Buffett, the seasoned investor and CEO of Berkshire Hathaway, has consistently expressed skepticism about the value and stability of cryptocurrencies. Nevertheless, his investment in Nubank, a Brazil-based digital bank involved in crypto trading, signals an unintended but profitable dive into the digital currency. In 2021, before Nubank’s initial public offering, Berkshire Hathaway strategically injected…