Schiff Slams MicroStrategy Again Amid Rising Leverage Concerns

Phil Haunhorst

(02:14 PM UTC)

1 min read

Peter Schiff is renewing his attack on MicroStrategy (MSTR), arguing the company’s five-year Bitcoin accumulation strategy has produced a negative total return and that its STRC preferred stock structure depends on price appreciation that has not materialized.

Schiff posted on X that MSTR has deployed approximately $64 billion into Bitcoin (BTC) since adopting its treasury strategy. The…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Phil Haunhorst · BeInCrypto

Read original →

Comments