According to The Kobeissi Letter, US companies announced $233.8 billion in stock buybacks in April 2025, marking the second-highest monthly total since records began in 1984 (source: The Kobeissi Letter, Twitter, May 8, 2025). This surge follows a record low of $39.1 billion in March 2025, indicating a significant shift in corporate capital allocation. Historically, large-scale stock buybacks signal increased confidence among public companies and often support equity market prices. For crypto traders, this rebound in traditional markets could temporarily reduce demand for alternative assets like Bitcoin and Ethereum, as investor capital may rotate back into equities. Monitoring the pace of buybacks can provide insight into risk sentiment and potential liquidity flows between the stock and cryptocurrency markets.

According to The Kobeissi Letter, Berkshire Hathaway reported a record cash balance and did not repurchase any stock in Q1 2025, marking the third consecutive quarter without buybacks. The company reiterated in Q3 that buybacks will resume only when Warren Buffett deems the repurchase price to be below intrinsic value (source: The Kobeissi Letter, May 3, 2025). This signals to traders that Berkshire is taking a conservative stance, potentially seeing current market valuations as elevated. Investors watching for buyback resumption may interpret this as a key indicator of management's view on valuation and market timing.

According to The Kobeissi Letter, Berkshire Hathaway reported a record cash balance and no stock repurchases in Q4 2024, marking the second consecutive quarter without buybacks. In Q3, Berkshire stated that buybacks will resume when Warren Buffett believes the repurchase price is below intrinsic value.

According to The Kobeissi Letter, Berkshire Hathaway has maintained a record cash balance and did not repurchase any stock in Q4 2024. This marks the second consecutive quarter without buybacks. In Q3, the company indicated that buybacks would resume when Warren Buffett believes the repurchase price is below intrinsic value, suggesting strategic timing for investors considering entry points.