Schiff Escalates Bitcoin Criticism, Calls MicroStrategy a Hybrid Ponzi Model

Peter Schiff Says Michael Saylor Would 'Crash STRC' Rather Than Bitcoin By Suspending Strategy's Preferre

Schiff Attacks STRC Again Schiff took a dig at Saylor and his firm on X, labeling the Perpetual Stretch Preferred Stock (NASDAQ:STRC) offering as a “Ponzi scheme” that gets prolonged by such commitments. “But my guess is when the time comes, he’d suspend the dividend and crash STRC rather than crash Bitcoin,” Schiff predicted. Strategy didn’t immediately return Benzinga’s request for comment Will Saylor Really Sell Bitcoin? Saylor said during St…

Schiff Escalates Bitcoin Criticism, Calls MicroStrategy a Hybrid Ponzi Model

TL;DR: Financial loss: MicroStrategy reported a net loss of $12.54 billion at the close of the first quarter of 2026, influenced by a valuation adjustment of $14.46 billion in its digital assets. Capital structure: The company has long-term debt of $8.2 billion and preferred equity that rose to $9 billion in the same period. Dividend commitment: The STRC preferred stock series maintains an annual yield of 11.5%, with a proposal to make bi-weekl…

Peter Schiff Questions Strategy’s Bitcoin Model as Selling Debate Intensifies

Strategy may treat Bitcoin as liquidity, not just a long-term reserve asset. Rising dividend pressure could force Bitcoin sales despite bullish conviction. Market volatility exposes risks in leveraged Bitcoin-heavy corporate models. A fresh wave of debate has emerged around Michael Saylor and his evolving stance on Bitcoin. The discussion intensified after Peter Schiff criticized Strategy’s willingness to sell Bitcoin to meet financial obligatio…

Peter Schiff Calls MicroStrategy’s STRC a Ponzi Scheme Amid Bitcoin Debate

Peter Schiff has intensified his criticism of MicroStrategy and its preferred stock offering, STRC, describing the structure as a pure Ponzi scheme tied to Bitcoin. The longtime gold advocate argued that the companys growing dependence on fresh capital and dividend obligations could eventually lead to financial instability. Schiffs latest comments came after MicroStrategy chairman Michael Saylor acknowledged that the company could sell part of i…