Warren Buffett Bitcoin Rejection Deepens: Nubank Stake Fully Liquidated
The post Warren Buffett Bitcoin Rejection Deepens: Nubank Stake Fully Liquidated appeared on BitcoinEthereumNews.com.
Key Insights: Warren Buffett completely sold their three-year-old stake in Brazilian crypto-friendly lender Nubank. Buffett’s total Nubank exit was a final rebuke to crypto-related investments, this time cementing his anti-Bitcoin stance amid rising institutional inflows in a bull run. Nubank’s venture into crypto may have been at odds with Buffett’s conservative principles, or he may have strategically timed his exit amidst a speculative boom. Warren Buffett’s Bitcoin stance hardened further in Q1 2025 after his firm, Berkshire Hathaway, fully exited its position in crypto-exposed fintech Nubank. The move comes as Bitcoin consolidates below its all-time high, and institutional flows into digital assets accelerate. Buffett’s decision may reflect his longstanding skepticism toward cryptocurrencies and could send a signal to risk-averse investors in traditional finance. Warren Buffet Selling Crypto Stocks In Q4 2021, Berkshire Hathaway started purchasing 107 million shares of Nu Holdings Ltd during the closing value of $9.82 per share. Berkshire Hathaway slowly trimmed its position in the company. By the end of Q3 2024, the company had sold 20.7 million shares for about $13.46 per share and still held the remaining 70.3 million shares. During the first quarter of 2025, Berkshire Hathaway sold 40.2 million stocks of Nubank at an average fee of $11.83 every buying and selling day. Source: Berkshire Hathaway The total shares sold during this period met the reported figure of 107 million over the course of gradually reducing the position from Q4 2021 to Q1 2025. This confirmed Warren Buffett’s opposition to crypto growth. The average prices they received for the selling shares fluctuated between quarters but were lower during the final sale compared to the earlier transactions. Warren Buffett Bitcoin Rejection Sends Mixed Signals to Wall Street Buffett has referred to Bitcoin as “rat poison” and consistently dismissed its value proposition. Despite Berkshire’s indirect…
Filed under: News - @ May 16, 2025 9:28 pm