Berkshire Hathaway, a company owned by Buffett, is gradually embracing cryptocurrency.

【Warren Buffett's Berkshire Hathaway is gradually embracing Crypto Assets】Although Berkshire Hathaway's CEO and chairman Warren Buffett has repeatedly made it clear his position on Crypto Assets and never concealed his aversion to Crypto Assets, recent actions indicate that Berkshire Hathaway and some other investment managers may be gradually embracing Crypto Assets. It is reported that Berkshire Hathaway has invested millions of dollars in Nu Holdings Ltd., a Brazilian bank related to Cryptocurrency, whose stock has risen by 34% year-on-year. The company owns its own Cryptocurrency platform and supports the Cryptocurrency market. According to a filing with the U.S. Securities and Exchange Commission (SEC), Berkshire Hathaway's stake in Nu stock increased from 0.1% in the fourth quarter ending December 31, 2022 to 0.4% in the third quarter of the fiscal year 2024. This means that as of the end of the third quarter of the fiscal year 2025, Berkshire Hathaway holds over 86 million shares of Nu stock, worth nearly $1.2 billion. Buffett and Berkshire Hathaway are benefiting from a company in an industry he previously claimed to have little understanding of, and Buffett may need to revise his previous statement that cryptocurrency will not have a significant impact.

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