$373 billion in cash at Berkshire: does Buffett know something we don’t?
Last Updated on 2 April 2026 by CryptoTips.eu
Warren Buffett is hitting the brakes again. The chairman of Berkshire Hathaway announces that his company is buying $17 billion in US Treasury bills at the latest auction. At the same time, the Bitcoin price sits at $66,386, a drop of 2.92% in 24 hours and 6.19% over the past seven days. The question is whether this signals a broader market crash ahead.
Buffett builds a record cash position
Berkshire Hathaway closes 2025 with $373 billion in liquid assets, up from its previous record of $334.2 billion a year earlier and more than double its level at the end of 2023. Buffett says stocks are not “substantially” cheaper after the recent decline and dismisses the correction as “nothing” compared to earlier crashes where markets fell more than 50%.
Historically, this behavior follows a recognizable pattern. In 1998, Buffett begins trimming his stock exposure and stacking cash, pushing his cash position to $13.1 billion, or about 23% of total assets. By 2000, that figure climbs to nearly $15 billion, or 25% of assets, right before the dot-com bubble bursts. Berkshire sends another notable signal: in the first quarter of 2025, the firm fully exits its position in Nu Holdings, a crypto-friendly fintech company, pocketing around $250 million in profits.
Bitcoin moves in lockstep with the stock market
Anyone hoping that Bitcoin acts as a safe haven faces a different reality. The 20-week rolling correlation coefficient between BTC and the Nasdaq stands at 0.47, indicating that both markets largely move in the same direction. If Buffett’s risk-off approach genuinely signals an approaching crash, Bitcoin is likely to take just as hard a hit.
CFTC Chair Michael Selig offers a contrasting view, arguing that current financial systems are outdated and that blockchain networks are exactly what is needed to bring them into the 21st century. Despite this optimism, market pressure remains strong: concerns over quantum security, a US recession probability of nearly 50%, and persistent geopolitical tensions all weigh heavily on the BTC price.
Geopolitical tensions add fuel to the fire
Trump signals that the conflict continues until late April and threatens strikes on Iranian power plants if no deal is reached. That uncertainty hits commodity markets directly: Brent crude surges 4.9% above $106, while gold drops below $4,700. This is a volatile mix for the crypto market. Buying Bitcoin right now calls for a solid understanding of the risks tied to this turbulent market.
