Business intelligence firm Strategy has acquired $50 million worth of Bitcoin, purchasing at an average price of $102,557. This acquisition increases the firm's total Bitcoin holdings to 641,692 BTC, marking its largest purchase since September.
Ripple's valuation has surged to $40 billion following a $500 million funding round and strategic acquisitions, including GTreasury. Meanwhile, Shiba Inu (SHIB) has seen a price recovery, reaching $0.000010 for the first time since mid-October, indicating a potential rebound for the token.
Strategy Acquires $50M in Bitcoin; Ripple Valuation Hits $40B
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