Buffett's Berkshire Hathaway cash reserves exceed the market value of Ethereum
2024-08-05 03:04:00
News Buffett flag under Berk Hill Hathaway Q2 divestment half Appledesk3cryptocurrencydesktopCrypto News
On August 5th, Buffett's Berkshire Hathaway reduced its holdings of nearly half of Apple's stock in the second quarter, sharply reducing from 789 million shares in Q1 to about 400 million shares. The overall net sale of stocks worth 75.50 billion US dollars made its cash reserves reach a record 2769.4 billion US dollars, including cash equivalents. Calculated at the current Ethereum price of 2310 US dollars (the lowest fell to 2100 US dollars this morning), the market value is about 276 billion US dollars.
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