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Berkshire Hathaway Sells All Mastercard Shares
1 Jun
Summary
- Berkshire Hathaway completely sold its Mastercard stake in Q1 2026.
- Mastercard's CEO cited strong consumer spending and growth in services.
- Mastercard secured a domestic license in China in May 2024.
In the first quarter of 2026, Berkshire Hathaway concluded its long-standing investment in Mastercard by selling its entire remaining position. This significant divestment marks a pivotal moment following Warren Buffett's transition out of the CEO role earlier in the year, with Greg Abel now at the helm.
Despite Berkshire's departure, Mastercard's outlook remains positive. CEO Michael Miebach reported continued consumer spending growth into May 2026, bolstered by low unemployment and matching wage growth. Value-added services constitute 40% of Mastercard's revenue and are experiencing faster growth.
The company is actively innovating in areas like tokenization and AI-driven fraud detection. A major strategic move includes the pending acquisition of BVNK to expand stablecoin payment capabilities. Furthermore, Mastercard gained a crucial foothold in China with a domestic license obtained in May 2024, positioning it for growth in the world's second-largest economy.
