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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"Financial engineering does not drive long-term value ... long-term value of any digital asset is going to be driven by utility," said Garlinghouse.
Why this matters
XRP is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on The BlockSame story, other sources
Cross-source coverage
2 sources
Ripple CEO criticizes Strategy’s Michael Saylor as STRC trades 26% below par
The STRC's decline highlights risks in financial engineering over utility, potentially deterrin...
Related market context
Bitcoin (BTC) Price Today: Michael Saylor’s Strategy Reports $8.3B Loss as BTC Slides Below $64K
The BTC move comes shortly after Strategy reported an $8.33 billion operating loss for the second quarter of 2026, including an $8...
Strategy’s Michael Saylor doubles down on $STRC buyback commitment
Saylor's commitment to $STRC buybacks could attract institutional investors, potentially stabilizing the market and enhancing shar...
Michael Saylor says Strategy prioritizes diverse market participation over $STRC buybacks
Saylor's strategy could stabilize $STRC's market, offering investors higher yields and potential appreciation, while reducing buyb...
Strategy Holds STRC Dividend at 12% as Stock Stays Below Par
Strategy confirmed its Stretch (STRC) preferred stock will keep paying a 12% annualized dividend in August 2026, even after the se...
Bitcoin Price Prediction: Michael Saylor’s Strategy Posts Massive Q2 Loss Despite Bigger Bitcoin Stack
Bitcoin is trading around $63,000 to $65,000 price range, as Strategy’s weak Q2 earnings add pressure to an already cautious marke...
After $8.2B loss forced Bitcoin sales, Michael Saylor gives Strategy to September to repair broken dividend engine
Michael Saylor’s Strategy (formerly MicroStrategy) is targeting a September recovery for its STRC preferred stock as the company s...