Advertisement
AD

Main navigation

Advertisement
AD

Warren Buffett’s Berkshire Hathaway Invests $500 Million In Digital Bank That Works with Bitcoin

Advertisement
Tue, 8/06/2021 - 13:45
A
A
A
Warren Buffett’s Berkshire Hathaway Invests $500 Million In Digital Bank That Works with Bitcoin
Cover image via www.youtube.com
Read U.TODAY on
Google News

As reported by CNBC, Warren Buffett's Berkshire Hathaway has invested half a billion USD into Brazilian digital bank Nubank. It first appeared on CNBC's Disruptor 50 list in 2021.

Advertisement
Article image
Image via Twitter

The curious thing here is that Nubank has acquired Easynvest brokerage company and, together, the two financial firms plan to offer their customers investments in Bitcoin ETFs.

Nubank and Easynvest have been negotiating since fall 2020 and the acquisition is to take place later this year.

Related

Advertisement

Warren Buffett is a prominent and long-term Bitcoin hater. In one of his interviews a few years ago, he referred to Bitcoin as "rat poison squared."

Crypto influencer and CEO of the TRON Foundation, Justin Sun, had lunch with Buffet in January 2020 when the former invited several other leaders of top crypto companies, such as Charlie Lee and Yoni Assia.

This charity lunch was much hyped and cost Justin Sun over $4 million. After lunch, Sun tweeted that he presented Buffet with a smartphone whose wallet contained some BTC and TRX.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD