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Google Launches Largest Financing in History; Buffett's Successor Increases Stake

On June 2, according to 21st Century Business Herald, on June 1 local time, Google's parent company Alphabet announced the initiation of an $80 billion equity financing, setting a record in the company's history. This includes a $10 billion private placement directed to Berkshire Hathaway. Berkshire's investment is divided into two parts: subscribing to $5 billion of Class A common stock at $351.81 per share, and $5 billion of Class C capital stock at $348.20 per share. Alphabet stated in its announcement that the financing consists of three parts: $30 billion for underwritten public offerings, $40 billion for market offerings (starting in Q3 2026), and the $10 billion private placement with Berkshire. This funding will be used to invest in world-class AI computing infrastructure to meet unprecedented customer demand. Previously, in the first quarter of 2026, Berkshire Hathaway's holding report attracted widespread attention: it increased its stake in Alphabet's Class A shares by 36.4 million shares (with a market value of $15.6 billion) and newly acquired 3.59 million shares of Class C stock, bringing the total market value of both classes of stock to $16.6 billion, making Alphabet the seventh largest holding and the second largest tech stock after Apple. Over the past year, Google's stock price has doubled. On June 1, Google closed at $376.37 per share, up over 120% in a year, with a market capitalization of $4.56 trillion, ranking second globally. The latest quarterly report shows that the company's revenue grew by 22% year-on-year, and net profit surged by 81%, with the AI business becoming the main growth engine.

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