BSP

When you think “companies Berkshire Hathaway likes”, often we think of mature, almost iconic businesses that have produced consistent results for years. Bending Spoons, an acquirer of legacy digital assets, doesn’t really fit the mold.

Analysts recommend buying NextEra Energy stock to benefit from rising power demand. The article also mentions other companies like Lithia Motors, Bending Spoons, Super Micro Computer, and Snowflake.

Greg Abel, Berkshire Hathaway’s successor, has 32% of the $364 billion portfolio in three AI companies, totaling nearly $116 billion.

Berkshire Hathaway added shares of a recent tech IPO, indicating a new investment in the sector.

Greg Abel made another tech purchase, this time excluding Alphabet, the parent of Google.

Bending Spoons bought about $10 billion for Miro, with half paid this year, prompting a recommendation to buy BSP stock.

Berkshire’s latest purchase is unexpected for a company traditionally associated with Warren Buffett.

Berkshire increased its stake in Bending Spoons to 4% by buying 10 million shares at $33 each, which lifted BSP stock by 41%.