Peter Schiff Says Strategy’s STRC Model Could Force Bitcoin Sales

Peter Schiff said Strategy’s Bitcoin-backed STRC model could become unstable as the preferred stock’s variable dividend rose to 11.5%. Strategy holds 815,061 BTC after a $2.54 billion purchase on April 20, and Schiff argued that weaker STRC demand could pressure both MSTR shares and Bitcoin.

BTC0.26%
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