Subject: Re: Berkshire 2025 Annual Report
Presumably the warrants (almost in the money now) have also risen in market value quite a bit.

Not quite in the money, but getting there. Of course, the recent run-up in oil prices, along with the recent run-up in OXY share price, is very likely temporary. There's still a worldwide oil glut, and wars end.

I think the current adjusted exercise price of the warrants is $59.624, a few dollars above the current share price. Luckily there is no fixed expiration date (as I believe most warrants have).