Buffett continuously increased his holdings in Sirius XM, and Berkshire's shareholding ratio rose to 33%

Zhitong
2024.11.01 02:01
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Berkshire Hathaway, under Warren Buffett, continues to increase its stake in satellite radio company Sirius XM, with its shareholding ratio rising to 33.2%. According to regulatory filings, Berkshire purchased $60.7 million worth of stock within three days, becoming the largest investor in Sirius XM. Analysts point out that Berkshire's increased holdings may reflect its strategy to enhance its portfolio of media and technology assets. Sirius XM is a North American radio entertainment company that provides a variety of content through satellite broadcasting