Berkshire Hathaway Increases Stake in Alphabet with $10 Billion Private Placement
In June, Berkshire Hathaway increased its investment in Alphabet by purchasing an additional $10 billion worth of shares through a private placement. This move, combined with open-market purchases, raised the company's stake to approximately $36.6 billion during Q2 and now ranks as the third-largest holding in Berkshire’s portfolio. The investment has drawn comparisons to Berkshire’s successful long-term position in Apple due to similarities between Alphabet and Apple as members of the
Topics: Alphabet Berkshire Hathaway Private Placement Stock Portfolio