Warren Buffett’s Berkshire Hathaway is already up $1.4B on its Alphabet buy
Key Takeaways
- Berkshire Hathaway's Alphabet investment has gained about $1.4 billion in value.
- The company's 17.8 million Alphabet Class A shares are now valued at nearly $5.7 billion.
Warren Buffett’s Berkshire Hathaway may be sitting on a sizeable paper profit from its recent Alphabet investment, with current market prices implying an unrealized gain of around $1.4 billion, if the conglomerate still holds the shares it disclosed last quarter.
Berkshire disclosed in its November filing that it owned about 17.8 million Alphabet shares, valued at $4.3 billion at the time.
With the stock now trading around the low $320 range, that stake would be worth close to $5.7 billion, putting the unrealized gain at $1.4 billion.
Alphabet continued to rise today as investors reacted to reports that Meta is evaluating Google’s TPUs as an alternative to Nvidia chips for powering its AI systems. With the latest uptick, Alphabet’s shares have gained about 24% in a month and roughly 70% so far this year, per Yahoo Finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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