Brad Garlinghouse was the latest to comment on the hot topic of Strategy, its Stretch stocks, and the impact on the overall crypto market.

Michael Saylor and Strategy weren’t focused on the right features of bitcoin and how to build their own strategy around it, which is now hurting the overall cryptocurrency market, said Ripple’s CEO, Brad Garlinghouse.

In a recent interview with CNBC, he doubled down that the long-term value of a certain asset is its utility, not just speculative products made to accumulate it, referring to Strategy’s STRC.

They Hurt the Market

Ever since Strategy conducted its first BTC sale in four years by the end of May, it has become a hot…