However, Berkshire Hathaway did already hold a small, 10 million share position in SiriusXM, as well as a position in LSXMK. That latter position is currently valued at $1.48 billion.
SiriusXM shares rallied Monday after Warren Buffett’s Berkshire Hathaway raised its stake in the satellite radio company. Berkshire Hathaway now holds a stake of nearly one-third in SiriusXM.
By Etan Vlessing Canada Bureau Chief Shares in SiriusXM SIRI jumped on Monday after Warren Buffett’s Berkshire Hathaway announced it had raised its stake in the satellite radio company to 32 ...