Warren Buffett Berkshire Hathaway Market Capitalization Surpasses $1 Trillion, Approaching Total BTC Market Capitalization

Warren Buffett Berkshire Hathaway rose 0.75% on August 28th to surpass $1 trillion in market capitalization, which is comparable to Bitcoin's total market capitalization. 2024 year-to-date, the stock has risen more than 29%, outpacing the Standard Poor's 500 Index's gain of 17%, and matching Bitcoin's gain of 31% over the same time period, according to Cointelegraph.

Berkshire is reportedly realizing impressive profits in 2024 through a diversified portfolio of businesses including insurance, energy, manufacturing, retail and services. In the first half of this year, these business units realized profits of $22.8 billion, up 26% from last year.