Shiba Inu (SHIB) Price Loses Zero, Saylor’s Strategy Makes Biggest Bitcoin Purchase in Months, Ripple Taking Over — Crypto News Digest
The post Shiba Inu (SHIB) Price Loses Zero, Saylor’s Strategy Makes Biggest Bitcoin Purchase in Months, Ripple Taking Over — Crypto News Digest appeared on BitcoinEthereumNews.com.
Michael Saylor’s strategy buys additional $50 million in Bitcoin Strategy has snapped up $50 million worth of Bitcoin. Major purchase. Business intelligence firm Strategy has acquired an additional $50 million in Bitcoin. Business intelligence firm Strategy has snapped up an additional $50 million worth of Bitcoin (BTC), according to a Monday announcement. This is the company’s biggest purchase since late September. The latest batch of coins has been acquired at an average price of $102,557, pushing the firm’s average purchasing price a tad higher to $74,079. With the latest Bitcoin buy, the company’s Bitcoin holdings have now swelled to a whopping 641,692 BTC. Investor concerns. Despite the purchase, skepticism persists. Strategy is facing mounting skepticism following its stock plunge. Prominent venture capitalist and angel investor Jason Calacanis recently suggested that the company could go belly-up, urging investors not to touch it. Strategy recently secured a credit rating of B‑ from S&P Global Ratings. Even though this was presented as a milestone by the company, the Financial Times argues that the rating shows Strategy’s lack of diversification and large debt obligations. CNBC highlights Ripple’s $40 billion valuation 2025 has been a banner year for Ripple, with the company’s valuation soaring to $40 billion. Ripple’s rapid growth. CNBC reports that Ripple Labs is actively “conquering” the crypto market through a series of high-profile acquisitions. CNBC, one of the leading financial outlets, has stated that blockchain firm Ripple Labs is currently in the process of “conquering” crypto. The media outlet has pointed to Ripple’s acquisition spree, which includes treasury management firm GTreasury. During the recent Swell event, Ripple also announced that its valuation had soared to $40 billion after the company wrapped up a mammoth $500 million funding round that had Mike Novogratz’s Galaxy Digital among the participants. Regulatory challenges. Garlinghouse acknowledged that regulatory…
Filed under: News - @ November 13, 2025 3:22 am