The Berkshire Hathaway Group of the investment legend #WarrenBuffett just announced a record cash amount of $382 billion, surpassing the value of the stock portfolio that the company holds. This move comes amid a backdrop of the U.S. stock market continuously hitting new highs, while Buffett – who is about to retire – remains cautious and has not rushed to reinvest.
In Q3/2025, Berkshire bought $6.4 billion in stocks but sold $12.4 billion. No share buyback programs were implemented, indicating that Buffett is prioritizing maintaining high liquidity. With the current interest rate around 4.5%, just holding cash and U.S. Treasury bonds has helped Berkshire earn over $14.6 billion per year, equivalent to $1.21 billion per month.
Historically, Berkshire's cash holdings have typically only accounted for about 13% of total assets. However, in Q2/2025, this figure has risen to 30%, clearly reflecting Buffett's 'defensive' strategy and wait-for-opportunity approach. Many investors believe that his 'cash holding' is not necessarily a prediction of a market collapse, but rather a flexible strategy in a high-interest-rate cycle - a time when holding liquidity is also a profitable form of investment.
Notably, despite the stock market continuously hitting peaks, 9% of the stocks in the S&P 500 are at their lowest levels in a year. This indicates that the market's upward momentum is overly dependent on large-cap stocks like Apple, Microsoft, or Nvidia - the companies that make up the largest weightings in the index. A similar phenomenon occurred in 1999 and 2015, just before the market sharply corrected.
However, looking at the long term, the S&P 500 index has still increased by 830% over the past 20 years - demonstrating that correction phases are always an opportunity for long-term capital to find new entry points. And this is what is catching the attention of the crypto community.
As this 'massive' cash is temporarily unallocated, many analysts believe that a portion of future capital may flow into digital assets - particularly Bitcoin, which is increasingly viewed as 'digital gold' in alternative investment portfolios.
If #BerkshireHathaway and other large institutions continue to maintain a high liquidity holding strategy, the crypto market could benefit indirectly. The capital that is 'waiting for an opportunity' may seek more flexible investment channels, where returns and growth potential are exceptional - something that crypto is clearly demonstrating in 2025.
👉 Although Buffett is not a crypto enthusiast, his massive cash holdings inadvertently reflect a positive point: the belief in new investment opportunities - including digital assets - has not diminished; it is just waiting for the right moment to explode.
