{"id":74650,"date":"2026-06-28T00:53:37","date_gmt":"2026-06-28T00:53:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ripple-ceo-bullish-on-bitcoin-but-says-strategys-leverage-hurt-crypto-market-bitcoin-news\/"},"modified":"2026-06-28T00:53:37","modified_gmt":"2026-06-28T00:53:37","slug":"ripple-ceo-bullish-on-bitcoin-but-says-strategys-leverage-hurt-crypto-market-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ripple-ceo-bullish-on-bitcoin-but-says-strategys-leverage-hurt-crypto-market-bitcoin-news\/","title":{"rendered":"Ripple CEO Bullish on Bitcoin but Says Strategy\u2019s Leverage Hurt Crypto Market \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Garlinghouse maintained confidence in bitcoin, emphasizing its enduring function as a digital store of value.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Meanwhile, he criticized Strategy\u2019s leveraged financing, arguing it increased pressure during the cryptocurrency market downturn.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Looking ahead, investors may continue weighing bitcoin\u2019s long-term appeal against risks tied to corporate borrowing strategies.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Ripple CEO Brad Garlinghouse Says Bitcoin Has Established Its Role as Digital Gold<\/h2>\n<p>Ripple CEO Brad Garlinghouse said he remains <span>bullish<\/span> on <span>bitcoin<\/span>, even after a rough year for the asset and the broader <span>crypto<\/span> market. Speaking on CNBC\u2019s Squawk on the Street on June 26, the Ripple executive framed <span>BTC<\/span> as a long-term store of value asset with a clear market role.<\/p>\n<p>Describing <span>bitcoin<\/span> as digital <span>gold<\/span>, he contrasted <span>BTC<\/span> transfers with the physical movement of bullion, noting that moving roughly $300 billion in <span>gold<\/span> reportedly took years and billions of dollars, while transferring the same value in <span>bitcoin<\/span> could be done much more quickly and efficiently.<\/p>\n<p>Garlinghouse said:<\/p>\n<blockquote>\n<p>\u201cI\u2019m <span>bullish<\/span> on <span>bitcoin<\/span>.\u201d<\/p>\n<\/blockquote>\n<p>Utility remains central to the Ripple chief executive\u2019s view of long-term digital asset value. He said assets that solve problems at scale can build <span>liquidity<\/span>, demand, and trust, while <span>bitcoin<\/span>\u2019s role remains anchored in its digital <span>gold<\/span> use case.<\/p>\n<p>The Ripple executive has consistently said he is <span>bullish<\/span> on <span>bitcoin<\/span> and wants the <span>crypto<\/span> asset to succeed, reiterating that view in multiple interviews. He has also pointed to long-term upside, including forecasts that <span>BTC<\/span> could <a href=\"https:\/\/news.bitcoin.com\/ripple-ceo-targets-bitcoin-180k-as-binance-chief-sees-stronger-btc-ahead\/\">reach<\/a> $180,000 by the end of 2026 as institutional adoption grows and macro conditions strengthen.<\/p>\n<h2>Garlinghouse Says Strategy\u2019s Bitcoin Approach Has Hurt the Crypto Market<\/h2>\n<p>Garlinghouse discussed Strategy\u2019s recent <span>bitcoin<\/span> sale and its potential impact on the market, including the company\u2019s focus on STRC. He argued that Strategy\u2019s reliance on <span>leverage<\/span> intensified downward pressure, noting that while such tactics may have fueled enthusiasm during <span>bitcoin<\/span>\u2019s rise, they have also amplified losses as the market declined.<\/p>\n<p>He pointed to Strategy\u2019s STRC preferred shares, saying they were trading roughly $25 below par. STRC is Strategy\u2019s perpetual preferred stock, which pays an 11.50% annual dividend that is adjusted monthly to keep it near its $100 par value.<\/p>\n<p>\u201cBecause they were using <span>leverage<\/span>, Michael Saylor would characterize it differently than <span>leverage<\/span>\u2026 but at the end of the day, it was leveraged, and then you start to see that in a place that can actually compound negatively,\u201d Garlinghouse noted, adding:<\/p>\n<blockquote>\n<p>\u201cI think team Michael Saylor wasn\u2019t focused on the right stuff, and that has hurt the overall market.\u201d<\/p>\n<\/blockquote>\n<p>Strategy\u2019s recent selling drew scrutiny after the company <a href=\"https:\/\/news.bitcoin.com\/strategy-sells-bitcoin-for-first-time-dumps-32-btc-to-fund-preferred-stock-dividends\/\">sold<\/a> 32 <span>BTC<\/span> to fund preferred stock dividends, marking a shift from its long-standing accumulation strategy. However, the company later <a href=\"https:\/\/news.bitcoin.com\/after-buying-more-bitcoin-than-it-sold-strategy-wins-dividend-approval-as-holdings-hit-845256-btc\/\">bought more<\/a> <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> than it sold.<\/p>\n<p>Investors now face separate questions about <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s asset role and Strategy\u2019s balance sheet model. Garlinghouse\u2019s comments kept his <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> view constructive while placing his criticism on borrowing, financial engineering, and the market pressure tied to Strategy\u2019s <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> accumulation strategy.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/ripple-ceo-bullish-on-bitcoin-but-says-strategys-leverage-hurt-crypto-market\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Garlinghouse maintained confidence in bitcoin, emphasizing its enduring function as a digital store of value. Meanwhile, he criticized Strategy\u2019s leveraged financing, arguing it increased pressure during the cryptocurrency market downturn. Looking ahead, investors may continue weighing bitcoin\u2019s long-term appeal against risks tied to corporate borrowing strategies. [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":74651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74650"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74650"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74651"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}