The Berkshire Hathaway holding company of US investor Warren Buffett has acquired shares in Activision Blizzard, the studio behind several popular video game franchises such as 'Warcraft', 'Diablo' and 'Call of Duty', reports Bloomberg.
The new assets first appeared on the F13 form for transactions in the last quarter of last year, from Buffet's financial conglomerate.
According to the document, the investor purchased 14,658,121 shares of Activision Blizzard, which had a market value of $975,205,000 to date. In this way, the shares of the video game studio represented a total of 0.29% of the tycoon's investment portfolio.
Last year, Activision Blizzard was mired in controversy after being the subject of numerous lawsuits and federal investigations into the company's alleged discriminatory practices against women, which resulted in its stock plummeting in December to 56, 4 dollars per unit.
Since the Warren Buffett transaction took place at the end of 2021, the investor was able to take advantage of low prices before Microsoft's deal to acquire Activision Blizzard for a record $68.7 billion was revealed, causing the studio's stock to drop. will soar nearly 40% to $90 a share.
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