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How will Sirius XM's stock perform relative to the S&P 500 by December 31, 2024?
3
Resolution / Starting Odds
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Story
Berkshire Hathaway Acquires $60.7M in Sirius XM Over Three Days, Boosts Stake to 33.2%
Nov 1, 2024, 03:08 AM
Warren Buffett's Berkshire Hathaway has significantly increased its stake in Sirius XM Holdings Inc. The investment firm acquired $60.7 million in Sirius XM shares over three days, bringing its total investment in October to approximately $190 million. This purchase boosts Berkshire Hathaway's ownership to 33.2% of Sirius XM's outstanding shares. The move comes amid Sirius XM's subscriber growth initiatives and follows Liberty Media's decision to split off its 83% stake in the company.
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