berkshire

Berkshire Hathaway CEO Greg Abel stated in an interview with CNBC that the company plans to hold its stakes in Japan's five major trading companies as a long-term investment, expecting to hold them for decades. Currently, Berkshire holds over 10% of shares in each of the five major trading companies and is continuously exploring other cooperation opportunities in Japan and overseas with these enterprises. Abel also mentioned that despite the 10-year Japanese government bond yield rising to about 3%, the five major trading companies do not view the rise in interest rates as a fundamental challenge, and Berkshire still plans to issue yen bonds as needed.Regarding AI investments, Abel stated that the rapid development of artificial intelligence and the practical applications of AI by Berkshire's subsidiaries are among the important reasons for the company's optimism about Alphabet. On the construction of AI data centers, he believes that energy supply and related infrastructure development remain major constraints, which also presents significant opportunities for Berkshire and Berkshire Energy. Abel pointed out that the company is willing to provide energy services for large tech companies' data centers, but on the condition that it does not harm the interests of other customers and should bring net benefits to the local community.In terms of the U.S. housing market, Abel stated that Berkshire takes a long-term view of the housing industry, believing that the "American Dream" will continue, but there will not be a rapid recovery in the short term, and the industry may still face fluctuations for some time. Regarding the overall economy, he noted that most of Berkshire's large businesses performed strongly as of the second quarter, with demand still robust, but American consumers are under significant pressure and need to be more cautious in managing their income; overall, the economic fundamentals that Berkshire currently sees remain "very strong."

According to Bloomberg, financial disclosures released by the U.S. Office of Government Ethics on Saturday show that Trump conducted over 1,000 securities transactions in June, with a total transaction value ranging from $78.1 million to $263.1 million, including purchases of stocks from companies such as Berkshire Hathaway, Visa, Mastercard, and Cintas. The largest transaction was the sale of an ETF from Vanguard worth between $5 million and $25 million on June 22.Trump also purchased Palantir stock valued between $1,001 and $15,000 on June 3, and subsequently sold positions worth between $15,001 and $50,000 and between $500,000 and $1 million on June 16 and 18, respectively, and bought again on June 23 and 24. Other transaction targets included Coinbase, Meta, and Home Depot. The disclosures indicate that Trump conducted over 21,000 securities transactions in 2025, with a total value ranging from $600 million to $1.86 billion. The White House stated that the related investments are managed by an independent entity, and there are no conflicts of interest; Trump's son Eric stated that these assets have been placed in a blind trust.

According to foreign media BusinessInsider, based on publicly available holding data, "stock god" Warren Buffett's Berkshire Hathaway, through a two-layer equity nested "penetrating holding" model, indirectly holds about 0.04% of the shares of Space Exploration Technologies Corp (SpaceX), corresponding to a market value of over $700 million.This has led to a rare capital intersection between Buffett and "Iron Man" Elon Musk, two top business tycoons. Musk has long viewed Buffett's investment recognition as an important industry endorsement, and has publicly extended olive branches to Buffett on social media multiple times, hoping he would become a shareholder in his company. Musk joked in a 2023 post, "It's a pity he didn't invest when Tesla's market value was only 0.1% of what it is now." In 2024, he publicly stated again, "He should have built a position in Tesla; it's the obvious choice." Now, although Buffett has not invested in Tesla, he has become an "invisible shareholder" of SpaceX in another way. From the holding structure, this equity is not directly funded by Berkshire to SpaceX, but is an ancillary asset of its heavy investment in tech giant Google's parent company Alphabet.

Berkshire Hathaway submitted its 13F holdings report for the second quarter of 2026 to the U.S. SEC. The data shows that in the second quarter after Warren Buffett stepped down, the company's investment portfolio underwent significant adjustments, with a large purchase of Google’s parent company Alphabet, while reducing positions in the financial and consumer sectors.As of June 30, 2026, the total market value of Berkshire's stock holdings rose to $29.9 billion, up from $26.3 billion in the previous quarter. In the second quarter, the company added one new position, increased holdings in seven stocks, reduced holdings in six stocks, and completely sold out of one target, with the top ten holdings accounting for as much as 88.74%.Among them, Alphabet became the biggest highlight. In the second quarter, Berkshire cumulatively increased its holdings of Alphabet Class A and Class C shares by approximately 48.1 million shares, with the new holdings valued at over $17 billion, pushing Google to replace Bank of America as Berkshire's fourth-largest holding. Currently, its top five holdings are Apple, American Express, Coca-Cola, Alphabet, and Bank of America. In addition to Google, Berkshire also slightly increased its holdings in Delta Air Lines, Lennar, and Macy's. The increase in Delta Air Lines has attracted attention, as the market believes this move may reflect the company's optimism about the recovery of air travel demand and improvement in corporate operations.On the reduction side, Berkshire focused on cutting positions in the financial and consumer sectors in the second quarter. Among them, Bank of America saw a reduction of about 30.2 million shares, with the holding ratio decreasing by 5.89%, corresponding to a market value of about $1.72 billion, making it the largest reduction target; First Capital Financial reduced about 4.2 million shares, with the holding ratio decreasing by about 58%; at the same time, it reduced about 11 million shares of Kroger, with the holding size decreasing by about 22%.The market believes that Berkshire ended a streak of 14 consecutive quarters of net stock selling in the second quarter and net bought nearly $20 billion in stocks, indicating that the new leader Greg Abel is pushing the portfolio towards a technology growth direction, marking a shift in asset allocation in the "post-Buffett era."

Berkshire Hathaway today released its Q2 2026 financial report, with the most market attention focused on the cash reserves dropping to $36.551 billion in the second quarter, down from about $39.74 billion in the first quarter. This marks the end of Berkshire's 14 consecutive quarters of net selling, turning into a significant net buying for the first time since the fourth quarter of 2022.In the financial report, Berkshire's net stock purchases in the second quarter were nearly $20 billion, including about $10 billion in a private placement from Google's parent company Alphabet to support investments such as its AI data centers. Approximately $6.8 billion was spent to acquire homebuilder Taylor Morrison, which was a complete acquisition and not entirely a public market stock transaction. About $4.5 billion was used to repurchase its own shares. After deducting the above major items, there remains about $3 billion of "unexplained" net purchases of public market equities, with specific stocks to be disclosed in the 13F filing around August 14. Currently, Alphabet officially enters Berkshire's top five holdings, alongside American Express, Apple, Bank of America, and Coca-Cola, with the top five holdings accounting for about 66% of the stock portfolio.Buffett previously stated that the long net selling period was mainly due to high market valuations, making it difficult to find sufficiently attractive opportunities. This shift is seen as a clear signal of more aggressive capital allocation under Abel's leadership as CEO, with Berkshire moving from "patient waiting" to "starting to act."

According to Bloomberg, Google's parent company Alphabet will raise $80 billion through a package of equity financing to support its AI infrastructure and computing power expenditure plans. This financing includes a $40 billion ATM stock issuance plan starting in the third quarter, a $30 billion underwriting issuance of common stock and mandatory convertible preferred stock, as well as a $10 billion investment agreement reached with Berkshire Hathaway, which will become one of the largest equity transactions in history.Alphabet stated that AI is driving the company into an expansion phase, and the company hopes to build infrastructure to support future growth opportunities by increasing investments. Alphabet CFO Anat Ashkenazi previously stated that the company's capital expenditure in 2027 will be significantly higher than the maximum budget level of $190 billion in 2026. Bloomberg Intelligence analyst Mandeep Singh believes that with the support of new financing, Alphabet's capital expenditure could reach $300 billion next year. This move by Alphabet may also divert funds originally intended for companies like SpaceX, Anthropic, and OpenAI, which are planning to go public this year.

BSTR Chief Investment Officer Sean Bill stated that he is trying to create "Berkshire Hathaway 2," a company dedicated to achieving an increase in the number of Bitcoin per share. Sean Bill expressed the hope to enter the capital market, effectively manage the capital structure, and allow BTC to play a role in the market.

According to Gelonghui, Buffett admitted in an interview that the current investment environment is not ideal, and the high market prices are one of the main reasons he is holding back. He also acknowledged that as he ages, the proportion of industries he can deeply understand is not as high as it was ten years ago—he no longer expects to have an advantage in areas where young people who have grown up with new technologies excel.Nevertheless, he emphasized that Berkshire has the ability to make quick decisions and can handle transactions of any size, but is just waiting for the right opportunity.Buffett stated that the most likely buying opportunity is when everyone else is not answering the phone. In his 60-year career, there may have only been five years that were truly "lucrative." He recalled the real Wall Street ecology during market crashes: everyone boasts about their excellent trading departments. But when the market crashes, good luck trying to reach them; they simply do not answer the phone. Even if they do answer, the quotes and asking prices come with various conditions, and the bid-ask spread is enormous.

In the first quarter of Greg Abel's tenure as CEO, Berkshire Hathaway's cash reserves surged to a record high of $397 billion. At the end of last year, the company's cash reserves had slightly decreased, but they increased significantly in the first quarter due to a net sale of $8.1 billion in stocks during the period.Additionally, Berkshire Hathaway A (BRK.A.N) reported Q1 2026 revenue of $93.675 billion, compared to $89.725 billion in the same period last year, with market expectations of $89.274 billion; net profit was $10.106 billion, compared to $4.603 billion in the same period last year, with market expectations of $11.762 billion. The fair value of fixed-income securities held by Berkshire Hathaway at the end of Q1 2026 reached $17.669 billion, compared to $17.816 billion in the same period last year.Buffett has always viewed cash as "a necessary but undesirable asset," often likening it to oxygen, which is crucial for businesses but not a good investment in itself. Buffett repeatedly emphasizes that Berkshire will never prefer holding cash equivalents over quality businesses; cash is merely a war chest waiting for "super good opportunities." When market valuations are too high and there are no attractive investment targets, he prefers to hoard cash rather than force a purchase; but once a great opportunity arises, he will deploy this ammunition without hesitation. In Buffett's view, cash can provide safe returns in a high-interest-rate environment, but in the long run, it is far less valuable than investing in excellent companies.While Berkshire's cash holdings reach a new high, despite the S&P 500 and Nasdaq indices recently hitting historical highs, there are still multiple risk hazards behind the market, and valuations are in a historically high range. Data shows that as of April, the rolling price-to-earnings ratio of the S&P 500 is about 24 times (historical average is about 16 times), and the Shiller price-to-earnings ratio (cyclically adjusted) has risen to over 37 times, at a historically high level, second only to the internet bubble period. This combination of "valuation + high expectations" means that the market has very limited room for error. Furthermore, the current rise in U.S. stocks is built on optimistic assumptions such as "AI-driven profits, falling inflation, declining interest rates, and controllable risks," and any deviation in these variables could trigger amplified shocks in the market.

According to Gelonghui, Berkshire Hathaway, led by Buffett, has hired multiple banks to prepare for a possible yen bond issuance plan. As global borrowers are set to reach a record high in bond issuance this year, the company may re-enter the yen bond market. If this issuance proceeds, it will be the company's second time financing in the yen market this year. Berkshire Hathaway is one of the largest overseas borrowers in the yen bond market, and its movements are closely watched due to its holdings in several major Japanese trading companies and long-standing market speculation on how it will utilize yen funds.Hiroshi Namioka, chief strategist at T&D Asset Management, stated, "Considering that Berkshire currently holds a large amount of cash, this issuance of yen bonds indicates that the company sees investment opportunities in Japan, and the funds are likely to flow to Japanese trading companies." He added that Berkshire's move suggests "from a global perspective, Japanese trading company stocks are still undervalued, so this action has positive implications for stock prices."

According to Jin Ten, Berkshire Hathaway's cash reserves reached a record $381.67 billion, with a net investment income of $17.311 billion in the third quarter, compared to $16.161 billion in the same period last year.As of September 30, 2025, there were 1,438,223 Class A equivalent shares issued, and for the third quarter, it has been a net seller of stocks for the 12th consecutive quarter.

ChainCatcher news, according to Jinshi reports, Berkshire Hathaway A (BRK.A.N) Q2 2025 net profit is $12.37 billion, market expectation is $10.703 billion, and the same period last year was $30.348 billion.In addition, Berkshire Hathaway A (BRK.A.N) Q2 2025 revenue is $92.515 billion, market expectation is $91.963 billion, and the same period last year was $93.653 billion.

ChainCatcher news, according to Cointelegraph, Warren Buffett's Berkshire Hathaway has completely exited its stake in Nu Holdings, the parent company of Latin America's crypto-friendly bank Nubank, realizing a profit of approximately $250 million from this investment.This exit is not due to poor performance by Nubank, as the company reported a net income of $557.2 million in the first quarter of 2025, a 47% year-over-year increase, with a 91% growth in net income for the entire year of 2024. This move is actually part of Berkshire's broader strategy to divest from its financial sector, having also sold shares of Citigroup and reduced its holdings in Bank of America, totaling over $2.1 billion in financial stock sales, pushing cash reserves to a record $347.8 billion.

ChainCatcher news, according to Fortune, although Berkshire Hathaway CEO and Chairman Buffett has repeatedly stated his position on cryptocurrencies and has never hidden his disdain for them, recent actions suggest that Berkshire Hathaway and some other investment managers may be gradually embracing cryptocurrencies.It is reported that Berkshire Hathaway has invested millions of dollars in Nu Holdings Ltd., a Brazilian bank related to cryptocurrencies, whose stock has risen 34% year-on-year. The bank has its own cryptocurrency platform and supports the cryptocurrency market. According to documents from the U.S. Securities and Exchange Commission (SEC), Berkshire Hathaway's stake in Nu increased from 0.1% at the end of the fourth quarter of 2022 to 0.4% in the third quarter of fiscal year 2024.This means that as of the end of the third quarter of fiscal year 2025, Berkshire Hathaway holds over 86 million shares of Nu stock, worth nearly $1.2 billion, while Buffett and Berkshire Hathaway are benefiting from an industry they previously claimed to understand little about. Now, Berkshire Hathaway seems to be making investments related to cryptocurrencies, and Buffett may need to revise his earlier statements about cryptocurrencies not having a significant impact.

ChainCatcher news, according to Fortune magazine, Berkshire Hathaway CEO and Chairman Buffett has repeatedly made clear his stance on cryptocurrencies and has never hidden his disdain for them. However, recent actions suggest that Berkshire Hathaway and some other investment managers may be gradually embracing cryptocurrencies.It is reported that Berkshire Hathaway has invested millions of dollars in a Brazil-based bank related to cryptocurrencies, Nu Holdings Ltd., whose stock has risen 34% year-on-year. The bank has its own cryptocurrency platform and supports the cryptocurrency market. According to filings with the U.S. Securities and Exchange Commission (SEC), Berkshire Hathaway's stake in Nu increased from 0.1% at the end of the fourth quarter on December 31, 2022, to 0.4% in the third quarter of fiscal year 2024. This means that as of the end of the third quarter of fiscal year 2025, Berkshire Hathaway holds over 86 million shares of Nu stock, worth nearly $1.2 billion, while Buffett and Berkshire Hathaway are benefiting from an industry they previously claimed to understand little about. Now, it seems that Berkshire Hathaway is engaging in cryptocurrency-related investments, and Buffett may need to revise his earlier statements about cryptocurrencies not having a significant impact.