Buffett's shareholder letter states that the main capital will be allocated to U.S. stocks and does not mention cryptocurrencies

ChainCatcher news, according to Jinshi reports, Berkshire Chairman and CEO Buffett emphasized in this year's shareholder letter that despite the company holding a large amount of cash, most of the funds are still invested in stocks, and this strategy will not change. Although the investment in listed stocks has decreased from $354 billion to $272 billion, the value of unlisted equity holdings has increased and far exceeded the listed portfolio.

Buffett stated that Berkshire will always allocate most of its funds to stocks, primarily U.S. stocks, even though many companies have significant international operations. He reiterated that Berkshire does not prefer holding cash over excellent businesses.

In addition, Berkshire continues to increase fixed-rate borrowings denominated in yen, but has not followed a fixed pattern. Buffett stated that there is no prediction regarding future foreign exchange rates, aiming to maintain a neutral position in terms of currency. Notably, this year's shareholder letter did not mention cryptocurrencies.