Ripple CEO Brad Garlinghouse has criticized the Bitcoin acquisition strategy employed by Strategy and its chairman Michael Saylor. In a CNBC interview, Garlinghouse stated that the financial engineering used to fund Bitcoin purchases does not create long-term value. He emphasized that the true value of digital assets is driven by their utility. Garlinghouse further commented that the focus of Saylor's team is misplaced, which he believes is detrimental to the broader cryptocurrency market.