Micron’s 180% Rally Adds $650B, Matches Berkshire’s $1T Valuation
BRKA•Micron surged 180% since March 30, adding $650 billion in market value and tying Berkshire Hathaway as an 11th-largest U.S. company at a $1 trillion valuation. Bank of America compared Pershing Square’s ‘Baby Buffett’ model to Berkshire’s and Berkshire’s 400 million Coca-Cola shares now yield $212 million quarterly, up from $80 million in 1994.
1. Micron 180% Surge and $1T Valuation
Micron’s shares climbed roughly 180% since the March 30 market low, generating about $650 billion in new market value. The rally pushed its valuation to $1 trillion, ranking it alongside Berkshire Hathaway as the 11th-largest U.S. public company by market cap.
2. Bank of America’s ‘Baby Buffett’ Comparison
Bank of America initiated coverage of Pershing Square with a Neutral rating, describing its 96% permanent capital base and 16% net annualized returns as a ‘Baby Buffett’ approach akin to Berkshire’s structure. Analysts flagged concentrated portfolio and key man risks as valuation concerns.
3. Berkshire’s Coca-Cola Dividend Growth
Berkshire has held 400 million Coca-Cola shares since 1994, and quarterly dividends from this stake have risen from $80 million to $212 million. This consistent dividend growth underscores the long-term income foundation of Berkshire’s portfolio.
