巴菲特的加密货币矛盾：比特币怀疑论与利润丰厚的 Nu Holdings 投资并存

尽管沃伦·巴菲特一贯反对比特币，但他的公司伯克希尔·哈撒韦公司还是对 Nu Holdings 进行了大量投资，这是一家提供加密货币交易服务的巴西金融科技公司。事实证明，这项投资是有利可图的，近年来 Nu 的表现优于许多主要指数。随着比特币的复苏引起关注，伯克希尔哈撒韦公司是否会重新考虑巴菲特对加密货币的负面看法并可能直接投资这些资产，还有待观察。

Warren Buffett's Crypto Contradiction: Berkshire Hathaway's Lucrative Liaison with Bitcoin-Adjacent Investments

沃伦·巴菲特的加密货币矛盾：伯克希尔·哈撒韦公司与比特币相关投资的利润丰厚的联系

Amidst the clamoring chorus of asset managers and investors embracing the allure of cryptocurrencies, particularly Bitcoin, a formidable figure remains steadfast in his skepticism: legendary investor Warren Buffett. Renowned for his unwavering strategy of investing in robust companies that generate consistent cash flow and value, Buffett's philosophy has steered Berkshire Hathaway Inc. through market gyrations with remarkable resilience.

在资产管理者和投资者纷纷拥抱加密货币（尤其是比特币）的诱惑中，有一个令人敬畏的人物仍然坚定地持怀疑态度：传奇投资者沃伦·巴菲特。巴菲特以其坚定不移的投资于能够产生持续现金流和价值的稳健公司的战略而闻名，他的理念引导伯克希尔哈撒韦公司以非凡的韧性度过了市场波动。

In a 2018 interview with Yahoo! Finance, Buffett unequivocally expressed his anti-Bitcoin stance, stating, "If you buy something like Bitcoin or some cryptocurrency, you don’t really have anything that has produced anything. You’re just hoping the next guy pays more." Doubling down on his skepticism at the 2022 Berkshire shareholders meeting, Buffett asserted, "If you told me you own all of the Bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything."

2018 年接受雅虎采访时在金融方面，巴菲特明确表达了他的反比特币立场，他表示：“如果你购买比特币或某种加密货币之类的东西，那么你实际上并没有拥有任何能产生任何东西的东西。你只是希望下一个人支付更多。”巴菲特在 2022 年伯克希尔股东大会上更加坚定了自己的怀疑态度，他断言：“如果你告诉我你拥有世界上所有的比特币，并以 25 美元的价格给我，我不会接受，因为我会用它做什么？” “它？我必须以某种方式把它卖回给你。它不会有任何作用。”

Despite Buffett's persistent antipathy towards Bitcoin and cryptocurrencies, a curious dichotomy has emerged within Berkshire Hathaway's investment portfolio. The conglomerate holds a substantial investment in Brazilian fintech Nu Holdings Ltd., whose crypto-related business has been a significant contributor to its recent financial success.

尽管巴菲特一直反感比特币和加密货币，但伯克希尔哈撒韦公司的投资组合中出现了一种奇怪的二分法。该集团对巴西金融科技 Nu Holdings Ltd. 进行了大量投资，该公司的加密相关业务对其近期的财务成功做出了重要贡献。

Established in 2013, Nu initially gained prominence by offering low-cost bank accounts and personal loans through a highly digitized platform. In 2022, the company expanded its offerings with the launch of Nucripto, a platform that enables users to trade over 15 cryptocurrencies. While Nu's crypto business represents a relatively small fraction of its overall revenue, it has nonetheless attracted a growing customer base and even spawned the company's own cryptocurrency, Nucoin.

Nu 成立于 2013 年，最初通过高度数字化的平台提供低成本银行账户和个人贷款而声名鹊起。 2022 年，该公司推出了 Nucripto，扩大了产品范围，该平台使用户能够交易超过 15 种加密货币。尽管 Nu 的加密业务仅占其总收入的一小部分，但它仍然吸引了不断增长的客户群，甚至催生了该公司自己的加密货币 Nucoin。

Buffett's initial investment of $500 million in Nu Holdings through a series G funding round prior to its December 2021 public offering has been followed by an additional $250 million stake acquisition, bringing his total investment to $750 million. This investment has proven highly lucrative, with Nu's stock surging nearly 50% in 2024 alone, reaching all-time highs. The company's impressive performance in 2023, with a stock price increase of approximately 100%, further underscores the profitability of this investment.

巴菲特在 Nu Holdings 于 2021 年 12 月公开发行之前通过 G 轮融资对 Nu Holdings 进行了 5 亿美元的初始投资，随后又追加了 2.5 亿美元的股权收购，使他的总投资达到 7.5 亿美元。事实证明，这项投资利润丰厚，Nu 的股价仅在 2024 年就飙升了近 50%，达到历史新高。该公司2023年业绩亮眼，股价涨幅约100%，进一步凸显了此项投资的盈利能力。

The substantial gains from Berkshire Hathaway's investment in Nu Holdings could potentially sway Buffett's stance on cryptocurrencies. The undeniable profits generated by a crypto-related business may prompt the renowned investor to reconsider his strategy and attitude towards Bitcoin and its ilk. Notably, Bitcoin has significantly outperformed major indices in 2024, with a nearly 70% gain, far surpassing the S&P 500's modest 10% rise.

伯克希尔·哈撒韦公司对 Nu Holdings 的投资带来的巨额收益可能会动摇巴菲特对加密货币的立场。加密相关业务产生的不可否认的利润可能会促使这位著名投资者重新考虑他对比特币及其同类产品的策略和态度。值得注意的是，比特币在 2024 年的表现明显优于主要指数，涨幅接近 70%，远远超过标准普尔 500 指数 10% 的小幅涨幅。

As Bitcoin and cryptocurrencies regain the spotlight, the world keenly observes Berkshire Hathaway and Buffett's next move. Will they double down on their investment in Bitcoin-adjacent businesses or even venture into direct investments in cryptocurrencies themselves? The implications of Buffett's evolving stance on cryptocurrencies could profoundly impact the trajectory of the asset class and the broader financial landscape.

随着比特币和加密货币重新成为人们关注的焦点，全世界都在密切关注伯克希尔哈撒韦和巴菲特的下一步行动。他们会加倍加大对比特币相关业务的投资，甚至冒险直接投资加密货币本身吗？巴菲特对加密货币不断变化的立场可能会深刻影响该资产类别的轨迹和更广泛的金融格局。