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XRP Chief Garlinghouse Says Strategy’s 25% STRC Slide Hurt Crypto Market

Covered by 2 sources · 2 articles

2 outlets - including Coinotag and Theblock - are covering this story. XRP News Ripple Chief Executive Brad Garlinghouse argued that Strategy’s preferred-stock funding model has damaged the broader crypto market, even as he reaffirmed his bullish stance on Bitcoin its...

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CoinOtag Jun 27, 09:11 UTC

XRP Chief Garlinghouse Says Strategy’s 25% STRC Slide Hurt Crypto Market

XRP News Ripple Chief Executive Brad Garlinghouse argued that Strategy’s preferred-stock funding model has damaged the broader crypto market, even as he reaffirmed his bullish stance on Bitcoin its...

The Block Jun 26, 20:44 UTC

Ripple CEO says Michael Saylor has hurt crypto market as Strategy’s STRC trades 25% below par

"Financial engineering does not drive long-term value ... long-term value of any digital asset is going to be driven by utility," said Garlinghouse.