In December, Nu Holdings went public at an initial valuation of $41.5 billion, making it one of Brazil’s most valuable companies, though its market cap has since fallen to around $17.4 billion. As of February, Berkshire Hathaway owned about $1 billion worth of shares in the company, despite CEO Warren Buffett being famously critical of bitcoin and cryptocurrencies in general.
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
