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Ripple CEO Brad Garlinghouse said Michael Saylor’s Strategy Inc. helped deepen the crypto selloff through leveraged Bitcoin (BTC) accumulation. Key Points: Garlinghouse criticized Strategy’s Bitcoin funding model and said utility, not financial engineering, creates long-term value. His comments came

Ripple CEO Brad Garlinghouse criticized Michael Saylor’s leveraged Bitcoin (BTC) strategy while saying he remains bullish on BTC. Key Points: Garlinghouse called Saylor’s leveraged Bitcoin model a “damning indictment.” Strategy’s STRC preferred stock traded near $74, about 26% below par value. Rippl

Michael Saylor returned to public messaging on Jun. 26 as Strategy faced legal scrutiny, weaker securities and a $1.2 billion annual dividend burden tied to its Bitcoin (BTC) model. Key Points: Saylor reaffirmed Strategy’s Bitcoin focus after Rosen Law Firm began examining statements tied to five se

Strategy’s preferred stock STRC has dropped roughly 25% below its $100 par value, raising fresh questions over whether Michael Saylor’s company can keep using high-yield securities to support its Bitcoin (BTC)-focused capital strategy. Arkham said STRC was trading around $76.20 after depegging from

Michael Saylor’s Strategy expanded its Bitcoin (btc) holdings with another 520 BTC purchase worth nearly $35 million, while also increasing its cash reserves as questions persist around the company's preferred stock performance. Key Points: Strategy bought 520 BTC for $34.9 million, bringing total h