Warren Buffett just plowed $800 million into Bank of America, boosting his stake to over 11%

• Warren Buffett shelled out more than $800 million on Bank of America stock this week.
• The billionaire investor and Berkshire Hathaway boss bought nearly 34 million shares, lifting his stake in the bank to about 11.3%, SEC filings show.
• Bank of America's stock is down 32% this year, suggesting Buffett decided to add to one of his biggest holdings at a discount.
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Warren Buffett bought more than $800 million worth of Bank of America stock this week, boosting his stake in the banking titan to north of 11%, SEC filings show.

The famed investor and Berkshire Hathaway CEO snapped up nearly 34 million shares at an average price of about $24 between Monday and Wednesday, meaning he spent about $813 million.

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