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

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

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

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

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

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

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.

   

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