Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit
The “Oracle of Omaha” also exited Citigroup and slashed Berkshire’s Bank of America holdings, offloading more than $2.1 billion in financial stocks.
Key takeaways:
Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.
The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and Q1 2025.
