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?