Twitch streamer Kaitlyn “Amouranth” Siragusa (29) surprised her fans when she announced that she has invested heavily in shares of the video game giant Activision Blizzard. Although the planned deal between Microsoft and Blizzard is not yet finalized, she has already made a profit of $261,000.
How much money did Amouranth invest in Blizzard shares? The well-known influencer Amouranth drew attention when she announced on March 28, 2022, that she has invested in shares of Activision Blizzard (via Twitter). The purchase included 24,000 shares of the company at a market 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.
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. Already in 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 million with Blizzard stocks
Did Amouranth’s plan work out? The Microsoft deal has been delayed, but the effects on the stocks are already noticeable. Originally, it was planned that Microsoft would complete the acquisition of Activision Blizzard by July 19, 2023 – a massive deal worth $69 billion. However, both companies opted for a revised schedule.
The deal is now set to be completed by October 18, 2023. Despite the delayed timeline, Amouranth’s stocks have already performed positively.
The value of one share has now risen to $90.07, meaning Amouranth has already generated a profit of $261,000, as she announced on her personal Twitter account (via Millenium).
It is speculated that the stock price could continue to rise, due to the newly announced title Call of Duty: Modern Warfare 3. The release of the shooter is planned for November 2023.
What does Amouranth plan to do with her 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 aims to secure her profits.
Currently, it remains to be seen how Amouranth’s stocks and the entire acquisition deal will develop in the coming months. However, it is clear that the influencer has made a smart move with her investment in Activision Blizzard. She has also demonstrated her ability to succeed not only in the virtual world but also in the stock market.
What controversial behaviors she exhibits on Twitch can be found here: Twitch bans its biggest streamer: Multi-millionaire enjoys licking microphones
