Affluent Savvy
Affluent Savvy
Photo: Leeloo Thefirst
He repeatedly said he doesn't own any Bitcoin and never will.
Cinnamon A review of 9 studies including 641 participants showed that taking cinnamon reduced systolic and diastolic blood pressure by an average...
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“It's a number that symbolizes luck in any new thing we try or set out to do,” says Wolfe. “So, in the case of 1234, it's generally a good sign...
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Learn More »As one of the world's most prolific investors of all time, any comment that Warren Buffett makes related to the economy, stocks, or even cryptocurrency generates considerable attention. Regarding cryptocurrencies and Bitcoin (BTC 0.02%) in particular, Buffett hasn't shied away from criticizing the burgeoning asset class. On numerous occasions, Buffett has likened Bitcoin to the tulip mania that swept through the Netherlands roughly 400 years ago and is viewed as one of the first financial-asset bubbles. He repeatedly said he doesn't own any Bitcoin and never will. But what if I told you that Warren Buffett actually owns some Bitcoin? The answer is a little complicated, but you might be surprised to discover that Buffett and his conglomerate company Berkshire Hathaway (BRK.A 1.02%) (BRK.B 1.25%) back a financial technology company that is keen on crypto and more specifically, Bitcoin.
Here are 5 bedtime teas that can help you in your weight loss journey Cinnamon tea. Ladies, say hello to cinnamon tea if you want to boost your...
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The average net worth for a 60-year-old in America is about $200,000 in 2022. However, for the above-average 60 year old who is very focused on his...
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Learn More »Now comes the interesting part. In an act of support, Nubank made the decision to allocate 1% of the cash on its balance sheet to Bitcoin. The company said the move was made to "strengthen the company's conviction" in the potential of Bitcoin. As of June 30, Nubank had roughly $3.1 billion in cash. With 1% allocated to Bitcoin, that would entail roughly $30 million in Bitcoin based on the most recent earnings report. Warren Buffett doesn't directly own any Bitcoin. On more than one occasion, he's made his voice heard on how he believes the cryptocurrency is worthless and holds no intrinsic value. But his 2.3% stake in Nubank gives him indirect exposure to the asset. To have a little fun, we can calculate just how much Bitcoin Buffett is exposed to indirectly. With his 2.3% stake in Nubank, that means Buffett "owns" somewhere around 27 bitcoins (worth about $570,00 at today's prices) based on today's prices.
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
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