Buffett’s Berkshire Liquidates Nubank Stake for $250 Million Profit

Warren Buffett’s Berkshire Hathaway has
liquidated its entire stake in Nubank’s parent company,
Nu Holdings, netting approximately $250 million. The sale was disclosed through a U.S. Securities and Exchange Commission filing in May 2025.

Berkshire Hathaway’s strategic exit demonstrates a broader shift away from large financial holdings to concentrate resources on cash and short-term investments, raising questions about evolving fintech and crypto interests.

Berkshire Hathaway, under Warren Buffett’s leadership, recently sold all 40.18 million shares in Nubank, realizing substantial returns from its initial investment since 2021. SEC filings confirmed the liquidation. This action aligns with Buffett’s reduced exposure to the financial sector, as noted in various forums. The sell-off impacts Nubank, a crypto-friendly bank offering BTC, ETH, and XRP services. These moves primarily alter Nubank’s equity standing without directly affecting specific cryptocurrency price dynamics.

Berkshire Hathaway’s increase in cash reserves, now near $350 billion, emphasizes a strategic focus on liquid assets, potentially influencing market perceptions of fintech adoption in Latin America. Warren Buffett’s ongoing adjustments in financial portfolios, including Nubank, suggest a cautious trajectory in traditional and crypto-related investments. This realignment might influence other institutional investors and fintech companies considering their positions in growing markets like Brazil.

Warren Buffett, Chairman and CEO, Berkshire Hathaway, “During the company’s annual meeting earlier this month, Mr. Buffett said he came ‘very close’ to investing $10 billion in a recent deal but ultimately backed out”:
source.

No immediate price shifts in BTC, ETH, or XRP were detected following the exit. However, market observers are keenly watching any potential adjustments in regulated financial institutions’ crypto strategies. Berkshire Hathaway’s portfolio decisions often signal shifts in confidence towards sectors, impacting global strategies within the financial landscape. Despite the cryptocurrency markets remaining stable, their continuous evolution is under heightened scrutiny to evaluate future investment potential and strategic pivots by influential stakeholders like Buffett.