- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Berkshire's Q2 Cash Reserve Records First Drop in Three Years as Stock Market Investments Turn More Cautious
BlockBeats News, August 2nd: Berkshire Hathaway's (BRK.A.N, BRK.B.N) cash reserves decreased by 1% to $340 billion in the three months ending in June, the first decline in cash reserves in three years.
Prior to this, due to Buffett's difficulty in finding investment opportunities, the cash reserves repeatedly hit historical highs. In the second quarter, Buffett became more cautious about the stock market, with a net sale of approximately $3 billion in stocks, and even suspended Berkshire's stock buyback for four consecutive quarters—despite a 12% decline in the stock price since the CEO transition was announced in May. (Jinse Finance)
You may also like
Gainers
Latest Crypto News
A trader closed a $18.8 million USD ETH short position at a profit of $909,000 USD
A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.
Ripple Labs Granted Expansion of Payment Business Operations in Singapore
Arthur Hayes: If Tether holds illiquid assets, any mishap could trigger questions about overcollateralization
The current mainstream CEX and DEX funding rate indicates a weakening bearish market sentiment.
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App