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Ripple CEO backs Bitcoin warns on Strategy leverage

Ripple CEO backs Bitcoin warns on Strategy leverage

  • Ripple CEO Brad Garlinghouse reaffirmed his bullish stance on Bitcoin (CRYPTO:BTC) during an appearance on CNBC’s Squawk on the Street on 26 June.
  • Garlinghouse described BTC as digital gold, contrasting its efficiency with physical bullion by noting that moving roughly US$300 billion in gold reportedly took years and billions of dollars, while the same value could be transferred in bitcoin far more quickly.
  • He argued that digital assets that solve problems at scale can build liquidity, demand, and trust over time, with BTC’s store-of-value use case anchoring its long-term role.

“I’m bullish on bitcoin,”

Garlinghouse said.

Garlinghouse has previously pointed to forecasts that BTC could reach US$180,000 by the end of 2026 as institutional…

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