Currencies32904
Market Cap$ 2.63T-6.53%
24h Spot Volume$ 59.83B+14.9%
DominanceBTC59.36%+1.00%ETH7.25%-6.39%
ETH Gas0.52 Gwei
Cryptorank
MainNewsBillionaire ...

Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Berkshire Hathaway’s Exposure To Bank of America


Feb, 16, 2025
1 min read
by Daily Hodl Staff
for The Daily Hodl

Warren Buffett continues to unload billions of dollars of Berkshire Hathaway’s stake in Bank of America (BAC).

New SEC filings show Buffett sold 117.4 million shares of BAC worth about $5.5 billion in the fourth quarter of 2024, reducing its stake in the financial giant to 8.9%.

Meanwhile, Berkshire added a new investment in the alcoholic beverages producer Constellation Brands (STZ), which brews both Corona and Modelo Especial.

The firm accumulated about $1.2 billion of Constellation stock at year end after buying 5.6 million shares.

In Q4, Berkshire also bought about 12 million shares of satellite radio provider Sirius XM (SIRI), worth about $325 million, and bought 1.1 million more shares of Domino’s Pizza (DPZ), worth about $470 million.

Despite the new investments, Berkshire continues to sit on a record $300 billion in cash.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Berkshire Hathaway’s Exposure To Bank of America appeared first on The Daily Hodl.

Read the article at The Daily Hodl

Read More

JPMorgan Chase Sees One Stock Market Index Outperforming S&P 500 Over Next 15 Years Amid US Policy Uncertainty, Declining Consumer Confidence

JPMorgan Chase Sees One Stock Market Index Outperforming S&P 500 Over Next 15 Years Amid US Policy Uncertainty, Declining Consumer Confidence

Bank behemoth JPMorgan Chase says one stock market index looks primed to pull off a r...
Apr, 05, 2025
2 min read
by The Daily Hodl
Hackers Hammer Android and iPhone Users As Bank Account Attacks Surge 258% in One Year: Kaspersky

Hackers Hammer Android and iPhone Users As Bank Account Attacks Surge 258% in One Year: Kaspersky

The number of Android and iPhone users hit by bank malware is skyrocketing as crimina...
Apr, 06, 2025
2 min read
by The Daily Hodl
MainNewsBillionaire ...

Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Berkshire Hathaway’s Exposure To Bank of America


Feb, 16, 2025
1 min read
by Daily Hodl Staff
for The Daily Hodl

Warren Buffett continues to unload billions of dollars of Berkshire Hathaway’s stake in Bank of America (BAC).

New SEC filings show Buffett sold 117.4 million shares of BAC worth about $5.5 billion in the fourth quarter of 2024, reducing its stake in the financial giant to 8.9%.

Meanwhile, Berkshire added a new investment in the alcoholic beverages producer Constellation Brands (STZ), which brews both Corona and Modelo Especial.

The firm accumulated about $1.2 billion of Constellation stock at year end after buying 5.6 million shares.

In Q4, Berkshire also bought about 12 million shares of satellite radio provider Sirius XM (SIRI), worth about $325 million, and bought 1.1 million more shares of Domino’s Pizza (DPZ), worth about $470 million.

Despite the new investments, Berkshire continues to sit on a record $300 billion in cash.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Berkshire Hathaway’s Exposure To Bank of America appeared first on The Daily Hodl.

Read the article at The Daily Hodl

Read More

JPMorgan Chase Sees One Stock Market Index Outperforming S&P 500 Over Next 15 Years Amid US Policy Uncertainty, Declining Consumer Confidence

JPMorgan Chase Sees One Stock Market Index Outperforming S&P 500 Over Next 15 Years Amid US Policy Uncertainty, Declining Consumer Confidence

Bank behemoth JPMorgan Chase says one stock market index looks primed to pull off a r...
Apr, 05, 2025
2 min read
by The Daily Hodl
Hackers Hammer Android and iPhone Users As Bank Account Attacks Surge 258% in One Year: Kaspersky

Hackers Hammer Android and iPhone Users As Bank Account Attacks Surge 258% in One Year: Kaspersky

The number of Android and iPhone users hit by bank malware is skyrocketing as crimina...
Apr, 06, 2025
2 min read
by The Daily Hodl