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Buffett increased his stake in the satellite broadcasting company SiriusXM to 32%.
Last week, Warren Buffett's Berkshire Hathaway company spent about $87 million in multiple trades to buy approximately 3.6 million shares of SiriusXM stocks, increasing its shareholding to 32%. Despite facing issues such as user attrition and insufficient growth potential, Berkshire may be interested in the merger arbitrage opportunity, hence choosing to continue investing. The news of increased shareholding caused SiriusXM's stock price to rise more than 9.3% during Monday's trading.
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After selling American silver, Berkshire aggressively increased its position in SiriusXM.
Last week, Warren Buffett's Berkshire Hathaway company made a big purchase of stocks in broadcasting company SiriusXM.
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that's why the market is smaller than silver
s come up with these figures. it's not even 3 trillion dollars right now
also outlined in the first video I sent you and adjust the numbers for your specific needs
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