Berkshire Hathaway Cash Reserves Contract Amid Increased Investments and Buybacks
Berkshire Hathaway ended June with $364.7 billion in cash and Treasury bills, marking a 4% decrease from three months earlier and the first quarterly drop in the conglomerate’s cash holdings in four years, according to WSJ via the dailyhodl.com. The reduction in the massive cash stockpile was driven by strategic deployment, including a $10 billion … Read more