Warren Buffett’s Berkshire Hathaway has spent another $54 million to purchase Sirius XM stock, giving it a stake of more than 35% in the satellite-radio company.

Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) has recently increased its stake in Sirius XM Holdings Inc. (SIRI), now owning over 35% of

The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday.

Warren Buffett continued to increase his stake in the satellite streaming and radio company as it grew the podcasting business and ramped up its customer base through in-car services in Tesla and Rivian EV models.

Warren Buffett’s Berkshire Hathaway ( NYSE: BRK.A) ( NYSE: BRK.B) has further raised its bet on Sirius XM Holdings ( NASDAQ: SIRI ), boosting its stake to over 35%, latest regulatory filings show.

Berkshire Hathaway (BRK.A) (BRK.B), led by legendary investor Warren Buffett, recently raised its stake in satellite radio company SiriusXM

SiriusXM disclosed that its outstanding shares stood at nearly 338.77 million in its annual 10-K report published late last month. This update reflects Berkshires increased stake in the company, rising from 34.

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/105.JzBkOQ-g.js

From January 30 to February 3, Warren Buffett purchased SiriusXM stock on 4 occasions — put together, the famed investor bought 2,308,119 SIRI shares. The transactions were executed at prices ranging from $22.79 on the low end to $24.05 on the high end, as revealed in the relevant SEC Form 4 filing .

Warren Buffett recently bought shares in Occidental Petroleum, Sirius XM and VeriSign. Berkshire Hathaway now holds over 10% of each of these companies.

Investors love to follow the portfolio moves of Warren Buffett, given his incredible track record compounding capital as CEO of Berkshire Hathaway. There are dozens of stocks the conglomerate owns. One such business dominates the credit card space,