Ripple CEO Stays Bullish on Bitcoin but Says Saylor's Strategy Has Hurt Crypto

Ripple CEO Slams Strategy's (NASDAQ: MSTR) Bitcoin Funding Model As A "Damning Indictment" Of Financial Engineering

Ripple CEO Brad Garlinghouse publicly criticized Michael Saylor’s Strategy (NASDAQ: MSTR), arguing the company’s leveraged Bitcoin-buying approach has damaged the broader crypto market. Garlinghouse made the remarks during a Friday CNBC interview, framing the debate as a fundamental clash between long-term utility and short-term financial structuring. At the center of his criticism was Strategy’s Variable Rate Series A Perpetual Stretch Preferre…

Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto

Ripple's Brad Garlinghouse called Strategy's preferred-stock funding model "financial engineering" that distracted the market, pointing to STRC's slide to a record low as the evidence. He runs the company behind XRP, a bitcoin rival.

Ripple CEO Bullish on Bitcoin but Says Strategy’s Leverage Hurt Crypto Market

Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin while distancing that view from Strategy’s approach, adding that Michael Saylor and Strategy were not focused on the right priorities and that this has hurt the overall market. Ripple CEO Brad Garlinghouse Says Bitcoin Has Established Its Role as Digital Gold Ripple CEO Brad Garlinghouse […]

Ripple CEO Brad Garlinghouse Slams Michael Saylor’s Bitcoin Buying Model as "Financial Engineering"

TL;DR Ripple CEO Brad Garlinghouse criticized Michael Saylor’s Bitcoin accumulation model, according to reports from a CNBC interview. The criticism focused on preferred stock financing and the reported discount in STRC preferred shares. The article frames the debate as leverage-led accumulation versus utility-led crypto adoption. Corporate Leverage Versus Crypto Utility: Why This Story Matters Ripple CEO Brad Garlinghouse Slams Michael Saylor’…

Ripple CEO blasts Michael Saylor for ‘hurting’ crypto market

Ripple CEO Brad Garlinghouse has publicly criticized Michael Saylor’s Bitcoin (BTC) acquisition strategy, arguing that the approach has hurt the broader cryptocurrency market and failed to create long-term value. Speaking during a June 26 interview on CNBC’s Squawk on the Street, Garlinghouse aimed at the funding model used by Strategy to expand its Bitcoin holdings.  While maintaining a positive long-term outlook on Bitcoin, the Ripple chief sa…

Ripple CEO Praises XRP, Questions Strategy's Impact on Bitcoin and Crypto

Michael Saylor and Strategy weren’t focused on the right features of bitcoin and how to build their own strategy around it, which is now hurting the overall cryptocurrency market, said Ripple’s CEO, Brad Garlinghouse. In a recent interview with CNBC, he doubled down that the long-term value of a certain asset is its utility, not just speculative products made to accumulate it, referring to Strategy’s STRC. They Hurt the Market Ever since Strateg…