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Warren Buffett dumps Mastercard and Visa shares for crypto-friendly Nubank

 

 

Warren Buffett’s Berkshire Hathaway recently invested $1 billion in a Bitcoin-friendly Brazilian neobank. The company also dumped $1.3 billion worth of Mastercard shares and $1.8 billion of Visa shares. The crypto industry is now left speculating whether the legendary investor might be changing his mind regarding crypto.

Berkshire Hathaway’s Warren Buffett recently made a move that surprised the crypto industry by dumping billions of dollars worth of stocks belonging to Visa and Mastercard. Furthermore, his company also purchased $1 billion of Brazilian neobank Nubank Class A stock.

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