Amazon Secures $521.4 Million Warrant for 3M Stock in Data Center Deal

Key Facts

1Amazon received a warrant to purchase approximately $521.4 million of 3M stock tied to product purchases.

2The agreement is part of an expanded data center partnership between the two companies.

Amazon received a warrant to purchase approximately $521.4 million of 3M stock. Benzinga reported that the agreement is tied to product purchases and forms part of an expanded partnership between the two companies in the data center sector.

AMZN closed at $262.45 on October 19, 2026, after reaching a session high of $263.72 and a low of $255.22. The financial arrangement serves to incentivize long-term collaboration between the firms on technical infrastructure development.