Bending Spoons skyrockets 35% as Berkshire Hathaway makes $330 million investment

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Bending Spoons shares skyrocketed 35% after a regulatory filing revealed that Berkshire Hathaway made a $330 million investment in the company. This latest infusion follows the conglomerate’s $600 million investment from July, when the Italy-based company went public on the Nasdaq. Bending Spoons will issue 10 million ordinary shares to Berkshire at $33 per share. Following this transaction, Berkshire’s stake in the company now stands at 4%. This investment represents the conglomerate’s latest move since Greg Abel took over from Warren Buffett as CEO at the start of the year.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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