Ripple CTO Questions MicroStrategy’s Strategy If Bitcoin Plunges

Ripple’s Chief Technology Officer, David Schwartz, has weighed in on MicroStrategy’s aggressive Bitcoin acquisition strategy, suggesting the company could face significant challenges if the cryptocurrency’s price experiences a substantial downturn. While MicroStrategy’s stock has largely mirrored Bitcoin’s performance, Schwartz’s comments highlight the underlying risk of building a corporate treasury that is almost entirely dependent on …

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