Berkshire Hathaway closed all positions in the Brazilian Digital Bank Nubank's parent company, gaining approximately $250 million.

robot
Abstract generation in progress

On May 16, according to Cointelegraph, a document submitted to the U.S. Securities and Exchange Commission (SEC) on May 15, 2025, shows that Berkshire Hathaway has completely closed all positions in its holdings of Nubank's parent company Nu Holdings, thus ending its investment in this Digital Bank. Berkshire Hathaway began to reduce its holding of 40.2 million shares of Nubank in 2024, of which about 20.7 million shares were sold in the third quarter at an average price of $13.46 per share. In the fourth quarter, Berkshire Hathaway sold another 46.3 million shares at an average price of $13.22 per share. The final batch of 40.2 million shares was sold in the first quarter of 2025 at an average price of $11.83 per share. These transactions ultimately allowed Berkshire Hathaway to realize a total profit of approximately $250 million from its initial investment.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments