Warren Buffett makes screeching U-turn on risky investment he once called 'rat poison'
Warren Buffett has long been a vocal critic of cryptocurrency, famously calling it 'rat poison,' a 'gambling token,' and predicting it will come to a 'bad ending.' But despite his disdain for digital assets, particularly Bitcoin, the billionaire is actually invested in a company tied to the cryptocurrency market. That company's share price soared 27 percent last year - meaning Buffett's Berkshire Hathaway is making a substantial profit. Nu Holdings is a digital banking company which launched in Brazil around a decade ago, and now has more than 100 million customers in Brazil, Colombia and Mexico.
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