Warren Buffett inadvertently invested in Bitcoin (BTC) via Nubankš¤·āāļø
Warren Buffett, who, if you remember, said that Bitcoin was āprobably rat poison squared,ā made it to the crypto market after all!
In 2021, Buffettās company, Berkshire Hathaway, invested $750 million in Brazilian bank Nubank, which also allows trading of BTC and other crypto.
Today, the value of the position has grown to $840 million, a figure that has eclipsed other large stakes in Buffettās portfolio, including such titans as Amazon, Apple, Coca-Cola, Bank of America, and Kraft Heinz.
Itās ironic: Even though Warren hasnāt changed his attitude toward Bitcoin, he has still touched the crypto market, albeit indirectly.
If this continues, weāll definitely see the world of traditional finance become tightly intertwined with crypto. $BTC $ETH $XRP #zkevm #axs #sui #etf #bnbgreenfield