Berkshire Hathaway Adds $330 Million to Bending Spoons Stake, Sending Shares Up 52%

Berkshire Hathaway has agreed to invest an additional $330 million in Italian technology company Bending Spoons through a private placement of 10 million ordinary shares at $33.00 per share, pushing its total ownership stake to 4%. The Nebraska-based conglomerate first invested $600 million in Bending Spoons at the company's July 2026 IPO, making this expanded commitment a significant vote of confidence in the fast-growing acquirer of consumer software brands.

Bending Spoons, which owns properties including AOL and Vimeo, said it intends to use the proceeds for general corporate purposes and new acquisitions. The company has pursued an aggressive acquisition strategy, with enterprise value of deals totaling $2.01 billion in the first quarter of 2026 alone, and revenue growing 132% year over year in that period to $601 million.

Shares of Bending Spoons surged more than 52% on the announcement. The fresh Berkshire backing amplifies investor confidence in a company that has scaled revenue from $387 million in 2023 to a $1.31 billion annual run rate in 2025.