Warren Buffett, aka the Oracle of Omaha, Makes a Seismic Gamble on Microsoft’s $67Billion Activision Deal

Warren Buffett is one of the richest people in the world right now. With his investment prowess, the 91-years-old billionaire had bought shares in almost every major company in ‘The Big Board’.

And now the Bear has made it official that he sees a lot of potential in Activision as the software giant Microsoft is soon going to close its deal with the development studio.

Warren Buffett buying shares for Activision Blizzard Inc.

Over the past few months, the investor is making huge investments in Call of Duty developers Activision. This is because of the fact that 5 months ago, the software giant Microsoft announced its interest in buying Activision as a part of its expansion plan.

The Call of Duty developer is currently having some issues with its current board of members and employees, and eventually fired more than 3 dozen of employees in January. This was just the beginning, as the latest Call of Duty Vanguard also did not perform that well and was officially said to be a flop.

READ MORE: Activision Forced to Upset Call of Duty Fans by Removing a Controversial Skin From its Games

All this gathered Microsoft on the edge of buying the company for its future projects and games. Notably, Warren Buffett noticed the stir in the market and started buying shares for it.

Microsoft’s $68.7 Billion deal with Activision

5 months ago Warren Buffett aka the Oracle of Omaha, did a press conference revealing all his thought processes on buying Activision shares. His company Berkshire Hathaway Inc. gradually brought around 9.5% (approx 74 Million shares) of the company by May 2022.

Recently, Buffett bid his stakes even higher by saying that Microsoft will soon close the deal with Activision. Making other investors buy the shares as much as possible. The deal between the two companies was said to be done for approximately $68.7 Billion in May itself.

It can be noted that if the deal seals Activision’s shares might see a 5-20% growth in just the first year itself. It can also prove as a major changing point for the gaming industry, as then many new projects can be seen coming this way.

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Although it is not yet sure if the deal will see any light or not, one thing is for sure Microsoft will not let such a deal slide its hands. What do you think? Let us know in the comments below.