Berkshire Hathaway's Cash Reserves Reach Record $397 Billion Amid Continued Anti-Bitcoin Stance
Berkshire Hathaway reported holding a record $397.4 billion in cash and short-term investments for Q1 2026, with new CEO Greg Abel maintaining Warren Buffett’s longstanding skepticism toward Bitcoin. The company's operating earnings increased by 18% to $11.35 billion due to higher insurance underwriting profits.
Topics: Berkshire Hathaway Bitcoin capital allocation cash reserves