Warren Buffett has divested his only investment related to Bitcoin.

Warren Buffett's company Berkshire Hathaway, one of the richest names in the world, announced the current status of its positions as of the first quarter of 2025. The company did not make large purchases during the declines before the trade wars and reduced its positions in the financial sector.

According to data compiled by Bloomberg from the SEC, Berkshire divested all of its shares in Citigroup during Buffett's final tenure as CEO. The company also reduced its stake in Capital One and sold some of the Bank of America stock it had held for years, reducing its stake in it to 8.3 percent.

He also sold his shares in the company providing cryptocurrency trading services.

The 94-year-old billionaire also held another important position at Nubank, a Brazil-based digital bank founded in 2013 that has become one of the largest digital banks in the world. Buffett sold all his shares in Nubank, which also provides trading services in cryptocurrencies, and converted it into cash. Buffett had invested 500 million dollars in Nubank in 2021. Since then, the value of the shares has increased by 46 percent.

Nubank investment was in stark contrast to Buffett's rather distant stance towards cryptocurrencies. The billionaire referred to Bitcoin as "rat poison," stating it was worth as much as the buttons on his jacket, and had made statements targeting cryptocurrencies almost every year.

With his sales, Buffett's cash reserves reached 350 billion dollars by the end of March.

The legendary investor made small purchases in some stocks, on the other hand. Buffett, who raised his stake in alcoholic beverage producer Constellation Brands to 6.6% for approximately 2.2 billion dollars, also made additional purchases in Sirius XM Holdings and Occidental Petroleum stocks. Berkshire also requested a confidentiality request from the SEC, gaining permission to keep some of its investments private.

In the last quarter, Buffett's stake in Apple remained unchanged. Apple continues to hold its position as the most valuable asset in Buffett's portfolio.

Published: May 16, 2025 23:13