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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Billionaire Investor Warren Buffett Scales Back Crypto Bank Stake by Over 53% in Q4

Warren Buffett isn't a fan of cryptocurrencies.

According to the latest 13F filing with the US Securities and Exchange Commission (SEC), Warren Buffett trimmed Berkshire Hathaway's stake in Nu Holdings by 46.26 million shares in the quarter ended 31st December 2024.

As of now, the Oracle of Omaha owns 40.18 million shares of the Brazilian crypto bank, worth £329.73 million. Nu Holdings, Nubank's parent company, launched a crypto platform called Nubank Cripto in 2022. This platform allows users to trade and convert top digital assets like Bitcoin, Ethereum, and Polygon.

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