Does Buffett own Mitsui?
Yes, Warren Buffett’s Berkshire Hathaway has invested in Nubank, a prominent Brazilian digital banking platform. Berkshire Hathaway initially participated in a $500 million investment round in June 2021 and subsequently acquired 30 million shares for $250 million. While Buffett has historically been a critic of cryptocurrency, his investment in Nubank provides his conglomerate with indirect exposure to the digital asset space, as the bank has allocated a portion of its treasury to Bitcoin and enables its customers to trade and hold cryptocurrencies through its mobile application.
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