Or, at least someone on his investment team is. Buffett's holding company now owns around $2.4 billion in Sirius XM shares, equal to roughly 30% of the total shares outstanding. Buffett's involvement alone is triggering many investors to pay closer attention.

Warren Buffett’s Berkshire Hathaway has spent another $54 million to purchase Sirius XM stock, giving it a stake of more than 35% in the satellite-radio company.

We recently compiled a list of the 6 Undervalued Entertainment Stocks To Buy Right Now. In this article, we are going to take a look at where Sirius XM Holdings Inc. (NASDAQ:SIRI) stands against the other undervalued entertainment stocks.

Sirius XM Holdings (NASDAQ: SIRI) is facing a transitional year. In 2024, shares declined 58%. And looking ahead at 2025, the satellite radio provider is looking at continued losses, at least in terms of its revenue and subscriber count.

Sirius XM Holdings (NASDAQ: SIRI) has had a rough time of late, falling nearly 60% in value over the past 12 months. Berkshire Hathaway, led by Warren Buffett, now holds a stake worth several billion dollars.