Warren Buffett's Berkshire Hathaway has increased its investment in Brazil-based digital bank Nu Holdings, which has a presence in the crypto market. This expansion signals a change in Berkshire Hathaway's strategy, despite Buffett's skepticism of cryptocurrencies. SEC filings show that Berkshire Hathaway now holds more than 86 million shares in Nu, valued at around $1.2 billion. This comes after previous investments of $500 million in 2021 and an additional $250 million in 2022. Nu has launched its cryptocurrency platform, Nubank Cripto, which supports various digital assets for sending, receiving, and trading. Berkshire Hathaway's cautious investment approach is evident in its move, as it holds a significant amount of cash and favors stability and steady returns.



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