Controversial celebrity streamer Kaitlyn ‘Amouranth’ Siragusa has just revealed why she invested $2 million in Activision-Blizzard, despite the company being embroiled in multiple lawsuits.
Over the past few years, Amouranth has risen to prominence on the internet and has also earned huge amounts of money from Twitch and OnlyFans.
Thanks to this accumulated wealth, the streamer was able to make significant investments, which she frequently documents on social networks.
And after buying a gas station, a 7-Eleven, a plastic ball company, Amouranth has decided to make one of its biggest investments yet with the acquisition of $2 million worth of stock in Activision-Blizzard.
Aware that this decision may seem strange due to the various lawsuits in which the company is involved, the streamer has therefore decided to reveal why she made such an investment.
Amouranth buys $2 million worth of Activision-Blizzard stock
While Activision is at the center of numerous lawsuits, the company was recently acquired by Microsoft for $70 billion.
With the transaction still in progress, Amouranth decided to take advantage of the situation by investing $2 million.
Bought almost $2,000,000 $ATVI
Roughly has 20% “Uncorrelated” return if $MSFT deal goes throughMY FIRST MERGER ARBITRATION! #WolfinLingerie pic.twitter.com/DNuq6HPA8X
—Kaitlyn (@wildkait) March 28, 2022
“To be clear, I’m looking to capture the redemption margin.” she explains on Twitter. “This is the main point. I just think it’s not a bad price even if it doesn’t happen.”
How much will Amouranth make with her $2 million investment?
She added that she would earn an “uncorrelated” return of 20% if the deal with Microsoft materializes.
Nibbled RE Shopify, nothing in size
Re atvi , this is near Berkshire price. Good IP, Domestic, world where globalization waning… to be clear I am looking to capture the takeover spread. That’s the main point. I just think it’s not a bad price even if that fails to happen
—Kaitlyn (@wildkait) March 28, 2022
Regarding its response to the allegations against the company, Amouranth noted that Microsoft would “clean up” if the purchase goes ahead, with the departure of its CEO, Bobby Kotick.
In the end, only time will tell if the deal with Microsoft ends up happening and if Amouranth will thus make a big profit from this process.