Brad Garlinghouse Takes Aim At Strategy’s Debt-Fueled Bitcoin Play
TL;DR Ripple CEO Brad Garlinghouse argued that Strategy’s mannequin of leveraging most popular inventory and debt to purchase Bitcoin is speculative and has amplified downward volatility, pointing to Strategy’s most popular shares (STRC) buying and selling at a 25% low cost to its par worth. The key caveat: Make positive to make clear that Garlinghouse…
