Data: Buffett's Berkshire has a cash reserve of 277 billion dollars, surpassing the market value of Ethereum

ChainCatcher news, Berkshire Hathaway, owned by Buffett, has set a new record for cash reserves at the end of the second quarter, surpassing the market capitalization of Ethereum.

Data shows that Berkshire's cash reserves at the end of the second quarter were approximately $277 billion, a significant increase from $189 billion at the end of the first quarter, once again setting a record.

Meanwhile, according to coingecko data, Ethereum's current market capitalization is about $272.3 billion, lower than Berkshire's cash reserve level.