Warren Buffett’s Berkshire Hathaway recently increased its stake in Sirius XM Holdings, now owning 33.2% of the satellite radio company. This $60.7 million investment solidifies Berkshire's position as the largest shareholder in Sirius XM, following the company's recent separation from Liberty Media. Despite Sirius XM’s stock having fallen by about 50% this year, Berkshire's additional investment signals Buffett's confidence in the company’s potential for recovery and growth in the audio entertainment market【26†source】【27†source】.