As per U.Today, business intelligence firm Strategy has purchased $50 million worth of Bitcoin at an average price of $102,557, bringing its total holdings to 641,692 BTC. This is the firm's largest Bitcoin purchase since late September. Meanwhile, Ripple has seen its valuation soar to $40 billion following a $500 million funding round and a series of acquisitions, including GTreasury. In other news, Shiba Inu (SHIB) has removed a zero from its price, returning to $0.000010 for the first time since mid-October, signaling a potential recovery for the token.
Strategy Buys $50M in Bitcoin, Ripple Hits $40B Valuation, Shiba Inu Price Recovers
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