The acquisition of Activision Blizzard by Microsoft has gone down in history as the biggest video game acquisition to date. When news of the deal reaching its fruition broke out to the public, one of the first things that happened was the spike in Activision Blizzard shares. And one of the people profiting from this spike was streaming queen Amouranth.
While most fans know her due to her vibrant personality on stream, Amouranth is also a business genius behind the camera. She has made a string of investments bringing her portfolio’s value over millions. Now with the Microsoft-Activision deal going through, she is reaping the benefits from her investments.
Amouranth reveals a huge profit margin she got from the Microsoft-Activision deal
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Back in March 2022, Amouranth invested almost $2,000,000 in Activision Blizzard ($ATVI) following the news of their merger with Microsoft ($MSFT). Calling it her “first merger arbitrage”, she was expecting a 20% return on the fruition of the deal. Now in July 2023, she has revealed her profits. The streamer earned a hefty $261,000 profit with a 13-14% return on investment. She has also beaten a flat SPY index with this return.
Ended up making ~$261,000
13-14% in a year or so, beating a flat SPY index
Selling half here https://t.co/wQMovx3mje pic.twitter.com/nO8hVGBVmI
— Kaitlyn (@wildkait) July 13, 2023
This revelation from the streamer shocked the fans. They are commending on the business-mindedness shown by the streamer and making the right decisions. The streamer currently enjoying profits from multiple avenues. While she will be getting more returns from the $ATVI stock, the streamer has already got a multi-million dollar paycheck.
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She, along with prominent streamer xQc, recently got a hefty paycheck from Kick. They both signed a multi-million non-exclusive deal with Twitch’s rival. Now the fans are commending Amouranth for securing another bag from the Activision acquisition. But the streamer will have to sell the shares quickly as $ATVI stock is leaving the NASDAQ-100. However, there may be some more roadblocks to the deal. FTC might be looking to re-appeal the decision on that deal.
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In the meanwhile, Amouranth is reaping the rewards which are coming from Microsoft’s $69 billion acquisition deal with Activision. What are your thoughts on the returns she got from the $2 million investment in Activision Blizzard stock? Let us know in the comments section below.
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