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Ripple CEO Says Saylor’s Bitcoin Strategy Hurt Crypto Market

2026-06-27 04:48:23

Abstract generation in progress

Ripple CEO Brad Garlinghouse criticized Michael Saylor's bitcoin purchase strategy and pointed to STRC preferred shares trading about 25% below their $100 par value. STRC carries an 11.5% annual cumulative dividend and has helped Strategy raise capital for additional bitcoin purchases.

BTC1.28%

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