CryptoCoinDeskabout 3 hours ago
Ripple CEO slams Saylor's bitcoin funding model
1 min read
Ripple CEO Brad Garlinghouse said Michael Saylor's preferred-share funding model for buying bitcoin has hurt the broader crypto market. Garlinghouse called Strategy's STRC preferred stock, carrying an 11.5% dividend and designed to trade near $100, a "damning indictment" after it fell about 25% below par to a record low.
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