Berkshire Hathaway amasses $381.7B cash, Buffett sells $6B
Berkshire Hathaway closed Q3 2025 with a record $381.7 billion cash reserve as operating profits rose 34% to $13.5 billion. The conglomerate also posted $17.3 billion in net investment gains, up from $16.2 billion a year earlier. Warren Buffett net-sold $6.1 billion of equities for the 12th consecutive quarter and paused share buybacks for five straight quarters.
The insurer arm saw underwriting profits boost thanks to historically low catastrophe losses, offsetting a 13% drop in cash income from falling interest rates. This cash build reinforces Berkshire Hathaway’s cautious capital allocation amid market volatility and scarce large deals. For crypto traders, this strategy highlights the importance of liquidity management and disciplined valuation.
As focus shifts to successor Greg Abel, crypto traders should watch diversified business lines for early signals on broader risk appetite and capital flows.
Neutral
Berkshire Hathaway’s record cash hoard and cautious capital allocation signal risk-off sentiment but lack direct crypto exposure or investment. In the short term, Buffett’s net equity sales and paused buybacks may reduce overall market liquidity, but crypto markets often move independently of legacy capital moves. Long term, any shift of Berkshire’s excess cash into alternative assets could benefit crypto, but with no stated plans, the outlook remains neutral. Crypto traders should monitor institutional liquidity trends for future impact, but current data does not imply a bullish or bearish crypto price move.