The Sage of Omaha's company will make over $1.2 billion from the sale, according to an announcement on Monday.

Berkshire Hathaway earns $4.37 billion annually in dividends—over $138 per second—by holding quality stocks long-term, showcasing Warren Buffett’s patient, high-conviction investing strategy.

VeriSign shares fell on Tuesday after Warren Buffett's Berkshire Hathaway sold nearly one-third of its stake in the internet infrastructure and domain name registry company for $1.23 billion.