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Ripple CEO Says Saylor’s “Financial Engineering” Has Hurt Crypto, Even as Bitcoin Itself Stays a Good Bet

Covered by 2 sources · 2 articles

2 outlets - including Zycrypto and Cryptonews - are covering this story. Garlinghouse has criticized Saylor’s bitcoin strategy, arguing that using financial instruments to fund purchases has negatively affected the crypto market.

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Ripple CEO Calls out Michael Saylor’s Bitcoin Strategy, Says It Has Hurt the Crypto Market
ZyCrypto Jun 30, 12:21 UTC

Ripple CEO Calls out Michael Saylor’s Bitcoin Strategy, Says It Has Hurt the Crypto Market

Garlinghouse has criticized Saylor’s bitcoin strategy, arguing that using financial instruments to fund purchases has negatively affected the crypto market.

Crypto News Australia Jun 29, 06:17 UTC

Ripple CEO Says Saylor’s “Financial Engineering” Has Hurt Crypto, Even as Bitcoin Itself Stays a Good Bet

Ripple CEO Brad Garlinghouse said Strategy's preferred-stock-funded bitcoin buying has hurt the market, calling STRC's slide below par a "damning indictment," though he stays bullish on bitcoin. The post Ripple CEO Says Saylor’s “Financial…