Warren Buffett reaps big from this crypto stock
Over the years, investment magnate Warren Buffett has built a reputation for his skepticism towards cryptocurrencies, particularly Bitcoin (BTC), which he once termed “rat poison.” Despite Buffett’s stance on cryptocurrencies, his investment firm, Berkshire Hathaway (NYSE: BRK.A), has nonetheless found success in the digital asset sector through its stake in Nu Holdings (NYSE: NU) Notably, Berkshire Hathaway holds 107 million shares in Nu Holdings, which has seen impressive gains this year. Buffett purchased his stake in the company for almost $750 million in 2021, around its initial public offering (IPO) phase. Picks for you FBI Director Cristopher Wray’s net worth 53 mins ago Wes Moore’s net worth revealed: How ric...