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Warren Buffett has decided to make a large purchase for the first time since the outbreak of the coronavirus. Until now, Buffett refrained from making purchases, in spite of the collapse of markets, as a result of which his critics started claiming that the legendary investor has lost his talent of concluding beneficial transactions during crises.

Berkshire Hathaway Investment Holding, which is headed by billionaire Warren Buffett, is purchasing natural gas assets from Dominion Energy, and the deal will cost $9,700,000,000.

This is Berkshire Hathaway’s first large purchase since the outbreak of the coronavirus and the collapse of the market and the holding’s biggest deal since 2016, Forbes reports.

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