{"id":212662,"date":"2022-02-15T13:02:00","date_gmt":"2022-02-15T13:02:00","guid":{"rendered":"https:\/\/omni48.com\/news\/warren-buffett-s-berkshire-hathaway-bought-1-billion-of-activision-shares-just-weeks-before-microsoft-s-surprise-acquisition"},"modified":"2022-02-15T13:02:00","modified_gmt":"2022-02-15T13:02:00","slug":"warren-buffett-s-berkshire-hathaway-bought-1-billion-of-activision-shares-just-weeks-before-microsoft-s-surprise-acquisition","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/warren-buffett-s-berkshire-hathaway-bought-1-billion-of-activision-shares-just-weeks-before-microsoft-s-surprise-acquisition","title":{"rendered":"Warren Buffett&#8217;s Berkshire Hathaway bought $1 billion of Activision shares, just weeks before Microsoft&#8217;s surprise acquisition"},"content":{"rendered":"<p>Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you.Just weeks before Microsoft announced it would acquire Activision Blizzard&#8212;the gaming company behind World of Warcraft, Call of Duty, and Candy Crush&#8212;in a surprise $68.7 billion acquisition, Berkshire Hathaway acquired a $1 billion stake in the video game company.The wide-reaching conglomerate with a $703 billion stock portfolio purchased 14.7 million shares in Activision Blizzard in the fourth quarter of 2021, according to a regulatory filing released Monday. At the end of last year, those shares were valued at $975 million.The stock bet has certainly been a good one for Buffett so far, as Activision share price jumped around 26% on the day of the deal&#8217;s announcement, on Jan. 18&#8212;and has overall ratcheted up more than 20% since the end of 2021, outpacing the broader market. Berkshire Hathaway&#8217;s newly added shares are now worth around $200 million more than<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you. Just weeks before Microsoft announced it would<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,24],"tags":[33,27,29,278,28],"class_list":["post-212662","post","type-post","status-publish","format-standard","hentry","category-news","category-stocks","tag-business","tag-economy","tag-markets","tag-playstation","tag-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/212662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=212662"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/212662\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=212662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=212662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=212662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}