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Fortune
Fortune
Sydney Lake

Warren Buffett's Berkshire Hathaway takes a sip of the crypto ‘rat poison’ he once said he would never go near

Warren Buffett holding a microphone (Credit: Getty Images—Alex Wong)
  • Warren Buffett has never been unclear about his disdain for cryptocurrency. But Berkshire Hathaway has invested millions of dollars in a Brazilian crypto-linked bank, Nu Holdings Ltd., whose stock is up 34% year over year.

Berkshire Hathaway CEO and chairman Warren Buffett has repeatedly made his stance about cryptocurrency clear: He’s not a fan.

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