Warren Buffett’s Berkshire Hathaway Ditches Visa and MasterCard Stock for Nubank


$NU Buffett-backed Nubank stock set for NYSE debut as IPO pricing valued the company at about $41.5 Billion.

The company raised $2.60 Billion as it sold 289.15 Million shares in IPO. Berkshire bought 10% of the shares in the offering.#fintechnews pic.twitter.com/HTujZZvCtJ

— InvestingDesk (@InvestingDesk) December 9, 2021

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So far, Buffett has not shown any intention to sell his position in Nubank.