Crypto
Berkshire without Buffett holds record cash pile, raising questions over next investment
Berkshire Hathaway is entering a new leadership era with a record $382 billion in cash and short-term Treasuries after Warren Buffett retired at 95. The company has been a net seller of stocks for 12 straight quarters and sold about $184 billion over three years. Attention is turning to incoming leader Greg Abel and how he will deploy liquidity. Crypto investors are watching as Berkshire has indirect exposure through an investment in Brazil’s Nu Holdings.
