Warren Buffett’s Berkshire Hathaway has spent another $54 million to purchase Sirius XM stock, giving it a stake of more than 35% in the satellite-radio company.

In the long term, Sirius XM does face some serious headwinds. Remote work has put a dent in subscriber growth, as many potential customers are no longer commuting regularly in their vehicles. Mounting competition from other streaming services continues to threaten the company's ability to attract and sustain its subscriber base.

We recently compiled a list of the 6 Undervalued Entertainment Stocks To Buy Right Now. In this article, we are going to take a look at where Sirius XM Holdings Inc. (NASDAQ:SIRI) stands against the other undervalued entertainment stocks.

Sirius XM Holdings (NASDAQ: SIRI) has had a roller-coaster past. When the dot-com bubble burst, however, they sank well below the IPO price. How much would a $75 investment during Sirius XM's IPO be worth today?

Key Takeaways Berkshire Hathaway has bought more shares of satellite radio broadcaster SiriusXM, a new SEC filing shows.Shares of the owner of its namesake satellite provider and the Pandora streaming service rose Tuesday.

The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday.