Berkshire Hathaway, led by Buffett, has increased its stake in VeriSign stock by approximately $4.1 million

2025-01-04 18:31:22

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ChainCatcher news, according to the Securities Times, from December 31, 2024, to January 3 of this year, Berkshire Hathaway, led by Buffett, acquired approximately 20,044 shares of VeriSign common stock for about $4.1 million.

According to reporters' statistics, this is Berkshire's third investment in this company since December 2024. Possibly influenced by Berkshire's multiple increases in holdings, VeriSign's stock price has been rising since December 19, 2024. As of the market close on January 3 local time, the company's stock price was reported at $205.6, having once risen to $210, with a current total market value of $19.76 billion.

ChainCatcher previously reported that Verisign had previously obtained a patent from the United States Patent and Trademark Office (USPTO) for applying blockchain technology to domain names.

In addition, Verisign controls the ".com" and ".net" domains. The patent is titled "Domain Name Blockchain User Address," which outlines some key benefits and technical advantages of using DNS domain names associated with registrants in a blockchain network. It can support the use of domain names purchased in traditional DNS environments within a blockchain environment.

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