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Berkshire Hathaway announced that its cash balance rose to a record level of 397, 397.4 in the first quarter of 2026, despite the fact that the new CEO George Abel warned against Bitcoin (btc).
He announced this statement as the first quarterly discovery since he lost the president’s office at the beginning of February 2026, and he did not find cryptocurrency investors who believed in a more encrypted position any signs of that.
Accumulation of cash, وابتاد الكريبتو
Operating profits rose 18% to $11.35 billion in the quarter, supported by a 28.5% increase in insurance profits to $1.72 billion. Bayan Berkshire. It also doubled net income to $10.1 billion.
Exceeding the previous record for cash and treasury bonds of 381.6 billion dollars in demand for the previous record for the third quarter of 2025. As Berkshire was a net seller of shares last time, Berkshire was a net seller worth 24.1 billion dollars against buyers worth 16 billion dollars.
The repurchase operations amounted to 235 million dollars, which is the first major repurchase of beer standards. I did not ask for any of the used or unused funds Bitcoin currency or instant bitcoin funds or any other digital asset.
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Abel maintains his anti-Bitcoin stance
He attended the meeting of the shareholders in Omaha on the side of Abel, and he said in the meeting of the shareholders on the side of Abel, and he said at the meeting of the 2018 meeting that Bitcoin is “the name of the square rat”, as he said in 2022 that he will not pay 25 dollars per square article in 2022 that he will not pay 25 dollars per square meter worldwide.
avoid making any public comments on the code, but the allocation of the header of the code, but the allocation of the header of the code, this year It reflects this opinion.
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The distance of Berkshire stands out in the background increasing building institutions. Since the launch of instant bitcoin funds in 2024, they have attracted billions of dollars from the market, as several public companies have added bitcoin to the institution’s treasures.
show Berkshire’s warning by stockpiling stocks in the treasury and continuing to sell the stock to keep it away from the asset class that many people interested in crypto exchange.
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