16
Oct
In a significant financial move, Berkshire Hathaway, led by Warren Buffett, expanded its holdings in SiriusXM, bringing its stake to 32%. This development is the result of a strategic agreement with Liberty Media, which marks a notable increase in Berkshire's influence over the satellite radio company. This acquisition highlights Berkshire Hathaway's continued strategy to invest in high-value media and technology assets, reflecting confidence in SiriusXM's business model and growth potential. The deal not only enriches Berkshire's portfolio, but also signals its long-term commitment to the media industry, particularly innovative communications technologies. SiriusXM, known for its satellite radio services, offers a…