Warren Buffett-Backed Nubank Buys Bitcoin, Adds Trading

  • Nubank now permits its prospects to buy bitcoin in its cellular app.
  • Nubank may also allocate 1% of its portfolio to bitcoin to “strengthen the company’s conviction” within the potential of bitcoin, the agency stated.
  • Bitcoin critic Warren Buffet owns Nubank shares by his holding firm Berkshire Hathaway, giving the investor oblique publicity to BTC.

Nubank, the biggest Brazilian digital financial institution, now permits prospects to purchase, promote and maintain bitcoin within the financial institution’s cellular utility, the corporate stated in a statement Wednesday.

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