Companies & Deals
Share
Warren Buffett's Berkshire Hathaway has invested in popular Bitcoin investors Bank, Brazilian Fintech Bank Nubank. Buffet took a portion of Hathaway's investment in Visa and MasterCard to make the investment.
In a securities filing late Feb. 14, the industrial conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock in Q4/2021. On the other hand, it sold $1.8 billion and $1.3 billion worth of Visa and Mastercard stock, respectively, signaling a shift away from credit companies to gain exposure in their fintech rivals.
Buffett has continuously downplayed emerging decentralized finance solutions like Bitcoin (BTC), ridiculing it as an asset that "does not create anything."
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
But Berkshire's new stake in Nubank shows that Buffett has been softening up to fintech lately. In detail, the firm had invested $500 million in the startup in July 2021. Its returns on the said investment amounted to $150 million in December 2021 after Nubank debuted on the New York Stock Exchange (NYSE).
Editor's Picks
UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min
The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min
Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space
Binance Bahrain Integrates Bahrain’s eKey 2.0 Through Beyon Connect to Streamline KYC Verification
News Desk
Mar 25, 2026
4 min
CFTC launches Innovation Task Force to shape crypto and prediction market rules
News Desk
Mar 25, 2026
5 min
The $50M Trade That Proved Digital Asset Markets Aren’t Ready for Institutional Scale
Rob McDermott
Mar 24, 2026
6 min
ECB Highlights Need for Central Bank-Backed Stablecoins to Expand
News Desk
Mar 24, 2026
3 min
