Reported about 13 hours ago
Berkshire Hathaway, led by Warren Buffett, has increased its stake in SiriusXM Holdings to over 35%, acquiring more than 2.3 million shares recently. This move reflects Buffett's ongoing confidence in satellite radio, as the company's stake is now valued at approximately $2.91 billion. The investment comes amid a series of strategic changes in Berkshire's portfolio, which has also seen reductions in holdings like Bank of America and Apple.
Source: YAHOO