Important points
- Berkshire Hathaway’s investment in Alphabet was valued at about $1.4 billion.
- The company’s 17.8 million Alphabet Class A shares are now worth nearly $5.7 billion.
Warren Buffett’s Berkshire Hathaway may have made a sizable paper profit on its recent investment in Alphabet, with its current market value suggesting an unrealized gain of about $1.4 billion if the conglomerate still owns the shares it disclosed last quarter.
Berkshire disclosed in a November filing that it owned about 17.8 million Alphabet shares, worth $4.3 billion at the time.
With the stock currently trading around the low $320s, the stock is worth nearly $5.7 billion, with an unrealized gain of $1.4 billion.
Alphabet continued to rise today as investors reacted to reports that Meta Inc. is evaluating Google’s TPUs as an alternative to Nvidia chips to power its AI systems. The gains bring Alphabet’s stock price up about 24% in the past month and about 70% so far this year, according to Yahoo Finance.
