Microsoft's Activision Blizzard deal just made Amouranth $250k
It looks like Activision Blizzard shareholders aren't the only ones making serious bank with their buyout, as streaming sensation Amouranth has revealed huge profits.
14th Jul 2023 11:04
Twitter - Amouranth | Unsplash - Nicholas Cappello
Microsoft's Activision Blizzard deal just made Amouranth $250k
It looks like Activision Blizzard shareholders aren't the only ones making serious bank with their buyout, as streaming sensation Amouranth has revealed huge profits.
14th Jul 2023 11:04
Twitter - Amouranth | Unsplash - Nicholas Cappello
The Activision Blizzard deal to be bought out by Microsoft has been a slog for pretty much everyone involved.
For the consumer waiting for their favourite games to inevitably come to Game Pass, Microsoft seeing legal blocks at each turn, and Activision Blizzard trying to scrub their public persona with new ownership, it seems that the long legal process of the purchase is grinding everyone's willpower down to the stumps.
But it looks like there's one person who hasn't got any complaints about the deal's progress.
Amouranth's Activision Blizzard investment is paying out massively
it looks like the nightmare of Activision Blizzard's buyout isn't a nightmare for all, as streaming superstar Amouranth has revealed that it's made her some serious bank.
Tweeting on her alternate account, Amouranth has revealed that her shares in Activision Blizzard have made her over a quarter of a million dollars.
"Ended up making ~$261,000," she reveals. "13-14% in a year or so, beating a flat SPY index. Selling half here."
This is a serious amount of money, and while she claimed to have put in a whopping $2 million, it's clearly an investment that has paid off. After all, going from an alleged hive of a "frat boy culture" to the team on everyone's lips is probably a good thing for a lot of people.
Why is Amouranth only selling half of her $ATVI?
Amouranth indicated that she only intends to sell half of her stock, and though it might be easy to suggest that she should pull it all now and take the W, it's expected that she's holding out for the finalisation of the deal when the company's stocks should ultimately grow all over again.
She's clearly playing the long game, and with that much on the line, we'd be just as cautious too. Who'd have known that ActiBlizz weren't the only one making serious bank in the deal?
About The Author
Joseph Kime
Joseph Kime is the Senior Trending News Journalist for GGRecon from Devon, UK. Before graduating from MarJon University with a degree in Journalism, he started writing music reviews for his own website before writing for the likes of FANDOM, Zavvi and The Digital Fix. He is host of the Big Screen Book Club podcast, and author of Building A Universe, a book that chronicles the history of superhero movies. His favourite games include DOOM (2016), Celeste and Pokemon Emerald.
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