Berkshire Hathaway Increases Stake in Sirius XM with $53.96 Million Investment

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Feb 04, 2025
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Recent filings with the U.S. Securities and Exchange Commission (SEC) reveal that Berkshire Hathaway, led by Warren Buffett (Trades, Portfolio), has expanded its investment in Sirius XM. Over the past few days, the company purchased 2.3 million shares of Sirius XM, totaling $53.96 million. This acquisition boosts Berkshire Hathaway's holdings in the satellite radio company to $2.9 billion.

The purchases occurred over three days, with transactions taking place last Thursday, Friday, and this Monday. The average purchase price was approximately $23.50 per share.

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