Warren Buffett’s Berkshire invests $330M in Bending Spoons
Berkshire Hathaway invested an additional $330 million in Bending Spoons, increasing its total stake in the Milan-based technology group to 4%. The investment consists of 10 million new shares purchased at $33 each. This follows a previous $600 million investment during the company's July IPO. The announcement triggered a share rally, with prices jumping 34%. Bending Spoons intends to use the backing to pursue its strategy of reviving software castoffs and expanding its digital media portfolio.
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- ✓ Berkshire Hathaway invested $330 million in Bending Spoons.
- ✓ Berkshire Hathaway previously invested $600 million during the Bending Spoons IPO in July.
- ✓ The new investment brings Berkshire's total stake in the company to 4%.
- ✓ Bending Spoons shares rose 34% following the news.
What changed
Berkshire Hathaway increased its investment in Bending Spoons by $330 million following an initial IPO stake in July.
Live updates
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Berkshire Hathaway adds $330 million to Bending Spoons stake
Berkshire Hathaway invested an additional $330 million in Bending Spoons, increasing its total stake in the Milan-based technology group to 4%. The investment consists of 10 million new shares purchased at $33 each. This follows a previous $600 million investment during the company's July IPO. The announcement triggered a share rally, with prices jumping 34%. Bending Spoons intends to use the backing to pursue its strategy of reviving software castoffs and expanding its digital media portfolio.
Why it matters
Greg Abel is leading Berkshire into this new territory. Bending Spoons is an Italian firm that specializes in acquiring and optimizing underperforming software assets.
What is confirmed
- Berkshire Hathaway invested $330 million in Bending Spoons.
- Berkshire Hathaway previously invested $600 million during the Bending Spoons IPO in July.
- The new investment brings Berkshire's total stake in the company to 4%.
- Bending Spoons shares rose 34% following the news.
Still unconfirmed
- Berkshire paid a 40% discount compared to today's market price for the shares.
- Berkshire purchased 10 million new shares at a price of $33 each.
What to watch next
- Further disclosures on the specific software assets Bending Spoons intends to acquire
- Updates on the performance of Bending Spoons shares following the initial rally
confidence 90%Sources used for this update (13)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- Reuters — Berkshire deepens Bending Spoons bet with $330 million, sparking share rally
- help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
- Yahoo Finance — Company News for Oct 15, 2026
- Barchart.com — Berkshire Hathaway Poured Another $330M Into Bending Spoons — But It Paid a 40% Discount to Today's Market Price
- TheStreet — Warren Buffett’s Berkshire invests $330M in Bending Spoons
- Morningstar — Berkshire Hathaway: Abel Pushes Into New Territory With Bending Spoons Investment
- CNBC — Bending Spoons wants to revive software castoffs. Berkshire is backing the plan
- thenextweb.com — Berkshire Hathaway puts another $330m into Bending Spoons - TNW ,The heart of tech™
- www.businessday.co.za — Berkshire boosts Bending Spoons stake with $330m investment - Business Day
- finance.yahoo.com — Warren Buffett's Berkshire invests $330M in Bending Spoons
- www.wealthiertoday.com — Warren Buffett's Berkshire Hathaway Just Spent $330 Million ...
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