Warren Buffett Increases Bet on SiriusXM as Berkshire Surpasses 35% Stake | Global News Avenue

Warren Buffett still likes satellite broadcasts.

At least this is the information that his iconic company is sending, because Berkshire Hathaway (brk.a,,,,, brk.b) I bought more shares of Siriusxm Holdings (Xili) According to the new documents submitted to the US Securities and Exchange Commission, it exceeded 35 % of the owners of satellite radio providers and Pandora music streaming.

In a series of transactions in a series of in late January and early February, Berkshire purchased more than 2.3 million shares to make Berkshire’s total inch in Siriusxm more than 119.7 million shares. At the stock price of the stock, Berkshire’s shares in Sirius were about $ 2.91 billion.

In it Annual 10-K report Siriusxm said the company’s circulation stocks said in the end of last month that Berkshire’s shares were about 35.36 %, higher than the previous 34.67 %.

This iconic investment company has made many changes to its investment In the past few monthsBring the company’s cash to New record highSitting at $ 325 billion At the end of the third quarterEssence Berkshire Trim the largest The longest bet includes Bank of America (Bac) and apple (AAPL), although Make some new Gambling bets like Domino pizza (DPZ. In 2024Essence

Sirius’s stock increased by 1 % at noon on Tuesday, more than 50 % in the past 12 months.