Bending Spoons SpA (NASDAQ:BSP) saw its share price increase by 41.20 percent on Wednesday to finish at $53.46 apiece, as investors mimicked Berkshire Hathaway's increased exposure to its stock to nearly $1 billion. In an updated report on the same day, the newly listed technology conglomerate said that Berkshire gobbled up an additional $330 million stake in its shares after initially investing $600 million at its market debut in July this year, effectively owning 4 percent of the company. The acquisition was made through a private placement, under which Bending Spoons SpA (NASDAQ:BSP) will issue 10 million ordinary shares at a price of $33 apiece.
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