Posted 2/16/2024, 9:30:10 PM
Berkshire's $1B Bet on Crypto Soars 93% in 2023, Outperforming Big Tech
- Berkshire Hathaway invested $1B in Brazilian crypto trading platform Nu Holdings in 2022
- Nu Holdings stock appreciated 93% in 2023, making it Berkshire's top performing investment
- This success could warm Buffett up to crypto, despite his previous anti-crypto stance
- Berkshire's Nu Holdings investment did better than big tech stocks in 2023
- If crypto keeps providing major gains, Berkshire may invest more in crypto stocks or tokens