News list for " Buffett Flag"

Buffett increases his stake in an internet infrastructure services company

Buffett's Berkshire Hathaway bought 143,424 shares of VeriSign, an Internet infrastructure services company, for $28.55 million in the three trading days ending on the 24th, according to the latest filings. With previous purchases, Berkshire now owns 13.7% of VeriSign's issued shares, worth nearly $2.70 billion. According to reports, one reason for Buffett's interest in VeriSign may be that it ranks highly in various profit margin indicators of companies in the S & P 500 Index.

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2024-12-29 22:59:44
Buffett's Berkshire Hathaway cashes out $369.90 million in Bank of America stock

Buffett's Berkshire Hathaway sold 8.694538 million shares of Bank of America, cashing out $369.90 million.

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2024-10-18 06:55:38
Buffett continues to sell US banks, accumulating more than 10 billion dollars

Buffett's Berkshire Hathaway has sold $383 million worth of Bank of America shares in the past three trading days, according to a new regulatory filing. This is the company's 14th round of selling BofA shares since mid-July, and it has cashed out more than $10 billion. Berkshire still holds about 10.1% of BofA's shares, worth about $31.40 billion. (Gold Ten)

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2024-10-08 08:14:12
Berkshire's cash reserves are higher than the total cryptocurrency market cap

On August 6th, Buffett's Berkshire Hathaway Q2 cash reserves reached a record $276.90 billion. According to Coinmarketcap data, the total market value of all stablecoins in the cryptocurrency market is about $171.90 billion, which is lower than Berkshire Hathaway's cash holdings.

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2024-08-06 11:53:50
Buffett's Berkshire Hathaway cash reserves exceed the market value of Ethereum

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 ...

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2024-08-05 11:04:00