PANews reported on May 3rd that Berkshire Hathaway, owned by Buffett, announced a net profit of $4.603 billion in the first quarter, a year-on-year decrease of 64%, compared with a profit of $12.702 billion in the same period last year; revenue in the first quarter was $89.725 billion, compared with $89.869 billion in the same period last year; net investment loss in the first quarter was $5.038 billion, compared with a profit of $1.48 billion in the same period last year. As of the end of the first quarter of 2025, Berkshire Hathaway's cash position rose to $347.7 billion, a new record high (US$334.2 billion at the end of the previous quarter).
In addition, according to 8Marketcap data, the current market value of Berkshire Hathaway B is approximately US$1.164 trillion, and the market value of Bitcoin is approximately US$1.908 trillion. The difference between the two is more than US$700 billion. Previously, Buffett, chairman and CEO of Berkshire Hathaway, once called Bitcoin "rat poison."
(Note: The core difference between Berkshire Hathaway Class A shares (BRK.A) and Class B shares (BRK.B) lies in price, voting rights and conversion mechanism. Class B shares are more convenient for retail investors.)
