Ripple CEO Criticizes Saylor’s Bitcoin Strategy, Highlights Preferred Stock Concerns

Brad Garlinghouse, CEO of Ripple (XRP), criticized Michael Saylor's leveraged Bitcoin strategy at MicroStrategy (MSTR). He highlighted concerns over the company's preferred stock trading well below par value and questioned its long-term viability. Despite his critique, Garlinghouse remains bullish on Bitcoin.

By Phil Haunhorst Sat, June 27, 2026 at 11:27 AM GMT+3 3 min read · Yahoo Finance · June 27, 2026, 08:27 UTC

Tickers: $MSTR $XRP

Topics: Bitcoin digital asset utility leveraged investing preferred stock valuation

Read the full article at Yahoo Finance

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