Berkshire Hathaway clears its stake in the parent company of Brazilian digital bank Nubank, earning approximately $250 million

BlockBeats news, on May 16th, according to Cointelegraph, according to a document submitted to the US Securities and Exchange Commission (SEC) on May 15, 2025, Berkshire Hathaway has completely liquidated its holdings in Nubank's parent company Nu Holdings, ending its investment in the digital bank. Berkshire Hathaway began reducing its holdings of 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 46.3 million shares of stock at an average price of $13.22 per share. The last batch of 40.2 million shares will be sold in the first quarter of 2025 at an average price of $11.83 per share. These transactions ultimately resulted in Berkshire Hathaway receiving a total return of approximately $250 million from its initial investment.