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Warren Buffett just invested $1 billion in a crypto-friendly bank

TW3-marketing blog 021722

Years after calling Bitcoin ‘rat poison,’ Warren Buffett just invested $1 billion in a crypto-friendly bank

This headline got my attention this morning. Warren Buffett, the man who didn’t think much about crypto has bought himself a chunk of a crypto-friendly bank.

Specifically, his company Berkshire Hathaway has bought $1 billion worth of stock in a digital bank that focuses on crypto.

Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week. It revealed that Buffett’s company had purchased $1 billion in shares of Nubank, a digital bank based in Brazil, and the largest of its kind in Latin America.

Maybe cryptocurrency isn’t “rat poison” after all?

You can read the rest of the article here.

Bobby Christy

 

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