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8 sats \ 1 reply \ @0xbitcoiner 23 Apr \ on: Brazil’s largest digital bank Nubank now allows customers to withdraw their BTC bitcoin
Isn't it George Soros who has a stake in this bank?
In 2021, Buffett’s company, Berkshire Hathaway, purchased 107 million shares of Nu Holdings, the parent company of Nubank, for a total investment of $750 million. Since then, it has not sold a single share. Nu’s share price surged by 106% since the investment, reaching a peak value of over a billion dollars in February 2022. This increase in share price enabled Buffett to make an approximate $250 million in paper profits.
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