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Berkshire Hathaway's cash reserves hit $397B, maintaining no investment in Bitcoin under new CEO Greg Abel.

Market News
02 May 2026
Tokenpost
Bullish
pluang ai news

Berkshire Hathaway reported a record $397.4 billion in cash and Treasury bills for Q1 2026, marking strong financial health under new CEO Greg Abel. The company’s operating earnings rose 18% to $11.35 billion, with insurance underwriting up 28.5%. Despite leadership change, Berkshire remains firm against investing in Bitcoin or cryptocurrencies, continuing Warren Buffett’s cautious stance. This conservative approach highlights a focus on liquidity and risk management amid growing institutional interest in digital assets.

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