Warren Buffett’s Berkshire Hathaway has taken a substantial profit, selling its entire stake in Nu Holdings (Nubank’s parent company) for $250 million. This strategic move aligns with Berkshire’s shift away from large financial holdings towards a more cash-focused approach. The sale is part of a broader trend seen across institutions as they adjust to the evolving landscape of fintech and cryptocurrencies. The exit, while impacting Nubank directly, doesn’t significantly influence cryptocurrency markets like Bitcoin, Ethereum, or XRP. Berkshire Hathaway’s increased cash reserves now near $350 billion suggest a clear focus on liquid assets, which may signal shifts in market perception for fintech adoption in Latin America. 2023’s SEC filing confirms this strategic shift by Berkshire.