Amouranth just became a lot richer thanks to the profit she made on her investment in Activision Blizzard.
The 29-year-old internet personality, streamer and OnlyFans model - whose real name is Kaitlyn Siragusa - has spilled details about the investment.
Amouranth has become a successful businesswoman over the years and back in March 2022, she bought $2 million worth of Activision Blizzard stock. She intended to make money off her investment when Microsoft’s acquisition of the company came to a close.
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Following news that Microsoft’s acquisition is now closer than ever, the savvy streamer has already sold some of her stock.
Amouranth took to Twitter to share how much she made from her $2m investment into the American video game company.
Since her purchase of stock in March 2022, the price has gone from $79.60 to $90.25 at the time of her tweet on Thursday (July 13).
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“Ended up making ~$261,000,” she tweeted from her personal Twitter account which boasts over 687,000 followers. “13-14% in a year or so, beating a flat SPY index. Selling half here."
Amouranth quote-tweeted her tweet from March 28, 2022, where she announced that she had invested in Activision Blizzard.
The tweet from March read: “Bought almost $2,000,000 $ATVI Roughly a 20% “Uncorrelated” return if $MSFT deal goes through MY FIRST MERGER ARBITRAGE! #WolfinLingerie.”
According to her new tweet, Amouranth said she’s only selling half of her stock today.
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This comes as Microsoft’s acquisition of Activision Blizzard has yet to be closed. However, experts are expecting it to close sooner rather than later which may suggest Amouranth is waiting to see if the stock reaches new heights before selling the other half.
Activision Blizzard is known for developing and publishing massive video gaming franchises such as World of Warcraft, Call of Duty, Overwatch, Diablo and Hearthstone.
Microsoft announced plans to purchase the video game publisher for nearly $70 billion in January 2022.
There are obstacles blocking the sale from theUK’s competition and market authority.
Microsoft Activision Blizzard's merger agreement will expire on 18 July. However, Bloomberg reported that the agreement can be extended.
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Meanwhile, during an interview on The Iced Coffee Hour podcast last month, Amouranth, who now has over six million followers on Twitch, revealed how much money she's made from hosting sleep streams.
Sleep streams are exactly what they say on the tin - basically, people can watch others sleep through the night, which is fairly weird in itself but lots of people seem to enjoy them.
“If you count just on Twitch, probably like a couple thousand dollars,” she explained. “But, if you count the conversions, potentially, to OnlyFans, while I’m sleeping, then maybe like $10,000-$15,000.”
Topics: Microsoft, Technology, Celebrity, Gaming, Money