Story perspectives
Berkshire Hathaway Invests $330 Million in Bending Spoons
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Story summary
- Berkshire Hathaway invested $330 million in Italy’s Bending Spoons, buying 10 million shares at $33 each.
- Berkshire’s total exposure to Bending Spoons is near $1 billion after earlier purchases.
- Class A shares closed at $798,000, 1.4% below their all-time high of $809,350.
- Analysts say the Bending Spoons bet diverges from Berkshire’s usual low-multiple value strategy.
