Internet reports that Warren Buffett's Berkshire Hathaway has completely liquidated its stake in Nu Holdings, the parent company of Latin American crypto-friendly bank Nubank, making a profit of approximately US$250 million from the investment. It is worth noting that this exit was not due to Nubank's poor performance-the company's net income in the first quarter of 2025 reached US$557.2 million, a year-on-year increase of 47%, and net income for the full year of 2024 increased by 91%. The move was actually part of Berkshire's broader financial sector divestment strategy. During the same period, it also sold shares in Citigroup and reduced its shares in Bank of America, selling more than $2.1 billion in financial stocks and pushing cash reserves to a record high of $347.8 billion.