Warren Buffett Increases Bet on SiriusXM as Berkshire Surpasses 35% Stake
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Warren Buffett's Berkshire Hathaway has increased its stake in SiriusXM, surpassing a 35% ownership. This move indicates Buffett's continued confidence in the satellite radio company.
February 04, 2025 | 6:30 pm
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Berkshire Hathaway, led by Warren Buffett, has increased its stake in SiriusXM to over 35%, showing strong confidence in the company's future prospects.
Warren Buffett's decision to increase Berkshire Hathaway's stake in SiriusXM to over 35% is a strong vote of confidence in the company. This move is likely to positively influence investor sentiment and could lead to a short-term increase in SIRI's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100