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Warren Buffett invests $1B in Bitcoin-friendly digital bank

 The "Oracle of Omaha" now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies. Warren Buffett invests $1B in Bitcoin friendly digital bank

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Warren Buffett's Berkshire Hathaway dumped a portion of its Visa and Mastercard holding and increased exposure in Nubank, the largest fintech bank in Brazil that's also popular among the country's Bitcoin investors.

in a securities filing late 14 Feb. the industrial conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock in Q4/2021. it sold $1.8 billion and $1.3 billion worth of Visa and Mastercard stock, signaling a shift away from credit companies to gain exposure in their fintech rivals.

Read full story http://cryptounity.news/warren-buffett-invests-1b-in-bitcoin-friendly-digital-bank

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