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MicroStrategy announced on November 28 that it purchased an additional 55,000 bitcoins for $5.4 billion, capitalizing on the cryptocurrency's all-time high prices. With this acquisition, MicroStrategy has become the largest corporate holder of bitcoins, owning approximately 2% of the total supply. The company's stock has surged over 450% this year, reflecting the success of its aggressive bitcoin investment strategy. In a separate development, Ripple's stablecoin, RLUSD, is nearing approval from the New York Department of Financial Services (NYDFS), which would allow it to operate within New York's regulated digital finance market. Ripple is reportedly targeting a launch date of December 4th for RLUSD, positioning it to compete with established stablecoins like USDT and USDC in cross-border payments.