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Ripple CEO Warns Michael Saylor's Bitcoin Buying Model Hurting Market

2026-06-27 06:32:46

Story Highlights* Ripple CEO Brad Garlinghouse says Michael Saylor's Bitcoin strategy is focused on the wrong priorities.

Garlinghouse said financial engineering cannot create long-term crypto value, only real-world utility can.
Garlinghouse points to STRC shares trading 25% below par as evidence that the model is under stress.

BTC1.08%

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