Google launches the largest funding round in history, Buffett's successor significantly increases holdings

Gold Financial reports that on June 2nd, according to 21 Finance, on June 1st local time, Google's parent company Alphabet announced the launch of an $80 billion equity financing, setting a company record. This includes a $10 billion private placement directed to Berkshire Hathaway. Berkshire's investment is divided into two parts: subscribing to $5 billion worth of Class A common shares at $351.81 per share, and $5 billion worth of Class C capital shares at $348.20 per share. Alphabet stated in its announcement that the financing is divided into three parts: $30 billion in a public underwritten offering, $40 billion in a market-based issuance (starting in Q3 2026), and the $10 billion private placement to Berkshire Hathaway. The funds will be used to invest in world-class AI computing infrastructure to meet unprecedented customer demand.

Previously, in Q1 2026, Berkshire Hathaway's holdings report drew widespread attention: increasing its holdings of Alphabet's Class A shares by 36.4 million shares (market value of $15.6 billion), and newly acquiring 3.59 million Class C shares, with a total market value of $16.6 billion. Alphabet rose to the seventh-largest holding, becoming the second-largest tech holding after Apple. Over the past year, Google's stock price has doubled. On June 1st, Google closed at $376.37 per share, up over 120% in a year, with a market value of $4.56 trillion, ranking second in the global market cap list. The latest quarterly report shows the company's revenue increased by 22% year-over-year, net profit surged by 81%, and AI business has become the main growth engine.