Tuesday, April 30, 2024
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Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies

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‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap

Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market.Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes.BTC transaction volume eyes recordAt a total of $252.37 billion the remaining

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Buffett’s Berkshire Hathaway Buys 5% Stake in Japanese Companies

Berkshire Hathaway chairman and CEO Warren Buffett announced that his company has purchased a 5% stake in five Japanese trading companies: Itochu, Marubeni, Mitsubishi, Mitsui & Co, and Sumitomo.As the investors, countries and global economy prepare for post-COVID-19 era, Berkshire Hathaway Inc (NYSE: BRK.A), led by Warren Buffett has been

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Facebook, Berkshire Hathaway, Visa or Tesla to Be Next in $1 Trillion Market Cap Club?

Facebook seems to be the next to join the $1 trillion market cap club. Visa, Tesla, and Berkshire Hathaway are also strong contenders in the race.Despite the persisting coronavirus pandemic affecting most companies’ growth, some companies are close to joining the $1 trillion market cap club. Already, Apple Inc (NASDAQ:

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Dave Portnoy Would Be the Perfect ‘Diversity Hire’ for Berkshire Hathaway

Warren Buffett’s value-investing philosophy has received a lot of flak recently. Year-to-date Berkshire Hathaway is down by double-digits. Meanwhile, Dave Portnoy has become the latest internet sensation with his “outlaw” style. The self-declared captain of day traders, Barstool Sports founder Dave Portnoy, has called Warren Buffett “washed up.” He has also claimed to

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