Situs Slot Gacor https://new.c.mi.com/ph/post/145937/12_Situs_Judi_Slot_Terbaik_dan_Terpercaya_No_1__Da https://new.c.mi.com/ph/post/148085/Daftar_10_Situs_Judi_Slot_Terbaik_Dan_Terpercaya_N https://new.c.mi.com/ph/post/148080/Daftar_10_Situs_Judi_Slot_Terbaik_Dan_Terpercaya_N https://new.c.mi.com/ph/post/148006/Daftar_Bocoran_Slot_Gacor_Hari_Ini_2022_Terbaru__J https://new.c.mi.com/ph/post/146162/Slot_Gacor__Pola_Jam_Hoki_Main_Slot_Gacor_Gates_of https://new.c.mi.com/ph/post/148300/Link_Daftar_19_Situs_Slot_Gacor_Mudah_Menang_Jackp https://new.c.mi.com/ph/post/146128/Daftar_10_Situs_Slot_Gacor_Hari_Ini_Terbaru_Terper https://new.c.mi.com/ph/post/148211/Situs_Slot_Hoki_Gacor_Hari_Ini_Dan_Pola_Jam_Main_G Slot Gacor Gampang Menang Situs Slot Gacor https://gms.dpe.go.th/mobile/public/admin/ckfinder/plugins/fileeditor/situs-judi-slot-terbaik-dan-terpercaya-no-1/ http://portalsewa.mais.gov.my/img/icons/largest/slot-online-gacor-terbaru/ https://new.c.mi.com/ph/post/161002/AGEN_SLOT_DEMO_GRATIS__SLOT_DEMO_PG_SOFT__SLOT_DEM https://new.c.mi.com/ph/post/160997/KUMPULAN_SLOT_GACOR__DAFTAR_10_SITUS_SLOT_GACOR_20 https://new.c.mi.com/ph/post/163500/17_SLOT_GACOR_88_SLot_Situs_Judi_Slot_Online_Terpe https://new.c.mi.com/ph/post/161273/LINK_SLOT_GACOR_4D__SITUS_SLOT_ONLINE_GACOR_GAMPAN https://new.c.mi.com/ph/post/161268/Daftar_Link_Slot_4D__Daftar_Situs_Slot_Gacor_4D_Re https://new.c.mi.com/ph/post/162611/Link_Daftar_Situs_Slot_Gacor_Resmi_Terpercaya_2022 https://new.c.mi.com/ph/post/161263/Daftar_Persatuan_Situs_Slot_Bonus_100_New_Member_T https://new.c.mi.com/ph/post/162079/DAFTAR_REKOMENDASI_SITUS_JUDI_SLOT_GACOR_TERPERCAY https://new.c.mi.com/ph/post/162074/17_Daftar_Link_Situs_Slot_Gacor_Terpercaya_2022_Ga https://new.c.mi.com/ph/post/162616 https://new.c.mi.com/ph/post/166560/DAFTAR_17_NAMA_SITUS_JUDI_SLOT_GACOR_GAMPANG_MENAN https://new.c.mi.com/ph/post/166555/Situs_Slot_Pulsa__Situs_Slot_Deposit_5000_Via_Puls https://new.c.mi.com/ph/post/164278/Daftar_Situs_Judi_Slot_Online_Deposit_Pulsa_5000_T https://new.c.mi.com/ph/post/163807/21_Daftar_Situs_Judi_Slot_Gacor_Hari_Ini_Link_Judi https://new.c.mi.com/ph/post/165371/11_NAMA_SITUS_DAFTAR_JUDI_SLOT_GACOR_GAMPANG_MENAN https://new.c.mi.com/ph/post/165014/INFO_BOCORAN_SLOT_GACOR_PRAGMATIC_PLAY_RTP_LIVE_TE https://new.c.mi.com/ph/post/166535/Situs_Judi_Slot_Gacor_Malam_Ini_Cepat_Maxwin_Gampa https://new.c.mi.com/ph/post/163787/19_Kumpulan_Link_Daftar_Situs_Slot_Gacor_Terbaru_G https://new.c.mi.com/ph/post/165004/Daftar_Situs_Slot_Gacor_Bet_Kecil_100_200_Terperca https://new.c.mi.com/ph/post/164273/KUMPULAN_19_LINK_SITUS_SLOT_JUDI_GACOR_TERBARU_202
Business

How Warren Buffett Just Got More Heavily Invested in ‘Rat Poison’ Cryptocurrency – Nu Holdings (NYSE:NU)




Known as the “Oracle of Omaha” and by other nicknames, legendary investor Warren Buffett is a man of many names. Buffett also gives out nicknames from time to time, including calling leading cryptocurrencies Bitcoin BTC/USD “rat poison squared.”

Here’s how Buffett may be more invested in cryptocurrency than he knows.

Buffett’s Bitcoin Ties: Buffett and Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) invested $500 million in the Brazilian digital bank Nubank. The digital bank was listed on the stock exchange in December 2021[ads1] as Now Holdings NOT and Buffett invested additional capital in the company.

Now with an investment of more than $1 billion in Nu Holdings, Buffett may be more exposed to the growth of the cryptocurrency market than he knows or probably wants to be.

Nu Holdings unit Nubank is launching its own cryptocurrency through a partnership with Polygon MATIC/USD to strengthen its loyalty and rewards for customers.

Nubank plans to launch its own token called Nucoin in the first half of 2023, which will be provided free of charge to customers and will be the start of a new “groundbreaking rewards program.”

– We open a door to the future. Nucoin is a new way to recognize customer loyalty and drive further engagement with Nubank products,” Nucoin General Manager Fernando Czapski so.

Nubank has over 70 million customers in Brazil and other Latin American countries. The plan is to offer customers discounts and benefits by using Nucoins.

Benzinga reported in May 2022 that Nu Holdings launched cryptocurrency trading for Bitcoin and Ethereum ETH/USD and add Bitcoin to the balance.

Czapski said this is another step ahead of the company’s push into blockchain technology and cryptocurrency.

Polygon co-founder Sandeep Nailwal praised the move.

“The fact that one of the largest digital banking institutions in the world is offering its own cryptocurrency is a strong testament to the utility that blockchain and crypto have to offer,” said Nailwal.

Related Link: How to Buy Bitcoin

Why it matters to Warren: Buffett has been one of the biggest opponents of Bitcoin and the rise of cryptocurrencies. Buffett was even labeled enemy number one of Bitcoin by Peter Thiel.

Buffett said he would not buy Bitcoin even if it fell to $25.

Buffett has been a proponent of investing in value companies and also investing in what you know. Buffett often supports the companies he invests in, whether it’s by drinking pop from them Cola IS or switch from a flip phone to an iPhone from Apple Inc AAPL.

The legendary investor invests in companies he believes have a strong attribute and have products that consumers want and need.

Buffett may have direct and indirect exposure to Bitcoin and other cryptocurrencies, meaning that when he talks negatively about Bitcoin, he is talking against a growth area with at least one of his investments.

Berkshire Hathaway also owns a stake in Visa Inc Vwhich gives Buffett partial ownership of one CryptoPunk NFT.

CEO of Polygon Studios Ryan Wyatt celebrated the partnership and also mentioned Buffett.

“We’re excited about this partnership with Nubank and another great company building on Polygon! Let’s also welcome Warren Buffett to the room,” Wyatt tweeted with a blinking emoji.

NO price action: Nu shares rose 4% to $4.54 on Friday, against a 52-week range of $3.26 to $12.24.

Illustration via Shutterstock.





Source link

Back to top button