The well-known skeptic of Bitcoin, Warren Buffett, always finds an opportunity to publicize his opinion against the crypto industry. With an extremely negative stance, Buffet has rejected buying Bitcoin even on the days when BTC was priced at $15,000 in 2018.\u00a0<\/span><\/p>\n Expecting a doomsday, Buffet said, \u201cIn terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,\u201d in 2018.\u00a0\u00a0<\/span><\/p>\n <\/p>\n Five years later, the Bitcoin price<\/a> is back above $50,000 with an all-time high of $69,000, with the market anticipations of more than $100,000 this year post-halving. Yet Buffett remains hawkish on his stance.<\/span><\/p>\n However, not every follower of Buffet likes to follow his rule. Even though his dislikes are public knowledge, his holding company, Berkshire Hathaway<\/a>, takes a different approach. We are talking about Nu Holdings (NYSE: NU). After the initial investment of $500m for the leading Latin American digital-first Nubank in 2021, Buffet or one of his advisors has increased its stake to $1bn.<\/span><\/p>\n Nu Holdings (NYSE: NU), originally known as Nubank, revolutionized the Latin American banking sector when it emerged in 2013. By challenging the traditional banks that leveraged their market position to impose hefty fees, Nubank introduced a digital-first approach. Offering affordable financial services through technology, it quickly attracted a vast customer base.<\/span><\/p>\n <\/p>\n <\/p>\nNu Holdings, Warren\u2019s $1 Billion Indirect Crypto Bet\u00a0<\/strong><\/h2>\n
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