Michael Saylor and Strategy missed the mark on bitcoin’s core features while crafting their plays around it which is now dragging down the entire crypto scene according to Ripple’s CEO Brad Garlinghouse.
Strategy’s Tactics Stir Trouble 🦇
In a fresh chat with CNBC he emphasized that real asset value stems from practical use rather than just hype driven tools like Strategy’s STRC product. Ever since Strategy executed its first BTC offload in four years near the end of May the firm has sparked plenty of buzz in the crypto crowd even with bigger buybacks afterward. Garlinghouse pointed out how those moves “added some excitement on the way up and now that’s compounding on the way down as well” via this CNBC clip. He zeroed in on STRC the stretch stock designed to pull in capital with lofty yields then funnel it into more bitcoin. Saylor avoids labeling it leverage but Garlinghouse sees it exactly that way and the market feels the negative ripple when BTC dips. STRC still sits 25% under its $100 par value which he calls a “pretty damning indictment” that hasn’t done the market any favors. Building lasting worth matters far more than fancy financial tricks he stressed.
“Long-term value of any digital asset is going to be driven by utility. If it’s solving a problem at scale for real customers you are going to see liquidity you are going to see demand you are going to see trust in that asset. Those things compound in a positive way.”
Garlinghouse stays optimistic on bitcoin and urges investors to get greedy amid this dip from the October 2025 peak.
XRP’s Payments Edge Shines 🌑
After noting how BTC could shine as digital gold with easier transfers than actual metal he spotlighted XRP’s role in cross border flows. The token taps blockchain speed and efficiency for institutions with “tremendous demand” through $16 trillion cleared in 2025 prime brokerage deals often via acquisitions. Ripple aims to merge traditional finance with blockchain’s modern setup creating fresh openings in the process. He remains focused on utility driving true adoption in decentralized spaces overall.
Just another echo from the void by iconofsin.eth 💖
