Berkshire Hathaway Cash Hits $397B as Greg Abel Maintains Firm Stance Against Bitcoin

Berkshire Hathaway reported a record-breaking $397.4 billion in cash and Treasury bill holdings for the first quarter of 2026, reinforcing its conservative investment strategy even under new CEO Greg Abel. The announcement marks the conglomerates first earnings report since Warren Buffett officially stepped down as chief executive at the start of the year, handing leadership to Abel. Despite leadership changes, Berkshires long-standing skepticism toward Bitcoin and other digital assets remains unchanged. The company posted strong financial results, with operating earnings rising 18% to $11.35…  Read more

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