BlockBeats News, May 16th, according to Cointelegraph, a filing submitted to the U.S. Securities and Exchange Commission (SEC) on May 15th, 2025, revealed that Berkshire Hathaway has completely divested its holdings in Nubank's parent company, Nu Holdings, effectively ending its investment in the digital bank.
Berkshire Hathaway began reducing its 40.2 million shares of Nubank stock in 2024, with approximately 20.7 million shares 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 resulted in Berkshire Hathaway realizing approximately $250 million in total gains from its initial investment.
