Twitch streamer Kaitlyn “Amouranth” Siragusa (29) surprised her fans when she announced that she has invested heavily in shares of video game giant Activision Blizzard. Although the planned deal between Microsoft and Blizzard is not yet finalized, it has already made a profit of 261,000 US dollars.
How Much Dollar Did Amouranth Invest in Blizzard Stock? Popular influencer Amouranth drew attention when she announced on March 28, 2022 that she had invested in Activision Blizzard stock (via Twitter). The purchase included 24,000 shares of the company at a price of $79.32 per share.
The investment was made in the hope that Microsoft would accept the takeover bid for Activision Blizzard. Thus, Amouranth expected a profit of 340,000 US dollars.
What does she want to achieve with the shares? Amouranth’s investment is not just about the financial aspect. She hopes for the return of half-naked women in World of Warcraft. As early as September 2021, Blizzard replaced images of half-naked women in the game with paintings of fruit bowls after a sexism scandal.
Amouranth makes a quarter of a million from Blizzard stock
Did Amouranth’s plan work? The Microsoft deal may be delayed, but the impact on stocks is already being felt. Microsoft originally planned to complete its acquisition of Activision Blizzard by July 19, 2023 — a massive $69 billion deal. But the two companies decided on a different schedule.
The deal is now scheduled to be completed by October 18, 2023. Despite the delayed schedule, Amouranth’s shares have already performed positively.
The value of shares has since risen to $90.07, meaning Amouranth has already made $261,000 in profits so far, she announced on her personal Twitter account (via Millenium).
It is speculated that the share price could rise further with the newly announced title Call of Duty: Modern Warfare 3. The release of the shooter is scheduled for November 2023.
What does Amouranth plan to do with its shares? The influencer announced that she wants to sell half of her shares in Activision Blizzard while the stock is high (via Twitter). With this approach, she wants to secure her profits.
At this point, it remains to be seen how Amouranth’s shares and the entire takeover deal will fare over the coming months. However, it is clear that the influencer made a smart move with her investment in Activision Blizzard. Likewise, she has demonstrated her ability to succeed not only in the virtual world but also in the stock market.
You can find out what controversial behavior she shows on Twitch here: Twitch bans its biggest streamer: Multi-millionaire likes to lick microphones