Published on Feb. 22, 2026
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Berkshire Hathaway, led by Warren Buffett, initiated a new stake in The New York Times Company (NYSE:NYT) during the fourth quarter of 2025. The investment has already resulted in a multimillion-dollar gain for Berkshire shareholders, with the position up between $16.4 million and $103.2 million depending on the timing of the purchase.
Why it matters
Buffett has long been a fan of media assets, and the investment in The New York Times suggests he saw value in the company’s growing digital presence and user retention, particularly with popular features like the Wordle game. The gain from this investment could help boost Berkshire’s own stock performance going forward.
The details
Berkshire’s total purchase cost for the New York Times stake was anywhere from $274 million to $361 million, based on the stock’s trading range during the fourth quarter of 2025. The position is now up $16.4 million to $103.2 million, or 7.3%, since the end of the quarter. The New York Times recently reported strong fourth-quarter financial results, topping analyst estimates for earnings per share and revenue.
- Berkshire Hathaway initiated the stake in The New York Times Company during the fourth quarter of 2025.
- The New York Times stock traded between $54.10 and $71.23 during the fourth quarter of 2025.
- The New York Times stock closed the fourth quarter and year 2025 at $69.42.
The players
Berkshire Hathaway Inc.
An American multinational conglomerate holding company headquartered in Omaha, Nebraska, that oversees and manages a number of subsidiary companies.
Warren Buffett
The legendary investor who was the chairman and CEO of Berkshire Hathaway until recently handing over the CEO role to Greg Abel.
Greg Abel
The current CEO of Berkshire Hathaway, having taken over the role from Warren Buffett.
The New York Times Company
An American media company that publishes The New York Times newspaper and other related properties.
What’s next
Berkshire Hathaway will share its annual results and shareholder letter on February 28, 2026, which could provide more information on the New York Times investment and Berkshire’s overall thoughts on the media sector.
The takeaway
Berkshire Hathaway’s investment in The New York Times has already paid off handsomely, providing a multimillion-dollar gain for shareholders. This suggests Warren Buffett and the Berkshire team saw significant value in the media company’s growing digital presence and popular features like Wordle, which could help boost Berkshire’s own stock performance going forward.
