Berkshire Hathaway's Growing Interest In Cryptocurrency Investments

According to PANews, Berkshire Hathaway, led by CEO and Chairman Warren Buffett, has historically expressed skepticism towards cryptocurrencies. However, recent actions suggest a shift in this stance. The company has invested millions in Nu Holdings Ltd., a Brazilian bank associated with cryptocurrency. Nu Holdings' stock has risen by 34% year-over-year, and it operates its own cryptocurrency platform. Documents from the U.S. Securities and Exchange Commission (SEC) reveal that Berkshire Hathaway's stake in Nu Holdings increased from 0.1% at the end of the fourth quarter of 2022 to 0.4% by the third quarter of 2024. This translates to over 86 million shares valued at nearly $1.2 billion by the end of the third quarter of the 2025 fiscal year. This investment indicates that Berkshire Hathaway is benefiting from a sector Buffett previously claimed to have limited understanding of. As Berkshire Hathaway continues to explore cryptocurrency-related investments, Buffett may need to reconsider his earlier statements about the limited impact of cryptocurrencies.