Overview
- Berkshire agreed to buy $5 billion of Alphabet Class A shares at $351.81 each and $5 billion of Class C shares at $348.20 each in a privately negotiated transaction.
- Alphabet says the sale is part of an $80 billion fundraising program that will finance capital spending to expand its AI compute infrastructure and global capacity.
- The purchase enlarges a position Berkshire first disclosed in the third quarter of 2025 after the company steadily built its stake through successive filings.
- The deal signals a change in capital allocation under CEO Greg Abel as Berkshire moves to deploy a near‑$400 billion cash reserve into large public tech bets and buyouts.
- The private purchase came one day after Berkshire agreed to pay $6.8 billion in cash for homebuilder Taylor Morrison, showing the company is actively using cash for big investments and acquisitions.