Peter Schiff Warns STRC Weakness Could Accelerate Bitcoin Sales

Peter Schiff, a long-time Bitcoin critic, reported that STRC has fallen to $94.85, with its yield rising to around 12.12%. He noted that this decline increases pressure on Strategy (MSTR), as maintaining a $100 share price could require higher dividend payments.

Consequently, he said this could accelerate cash usage and potentially lead to earlier Bitcoin sales to cover obligations. Furthermore, Schiff suggested that continued strain on payouts may put many STRC investors at risk of heavy losses if dividends are ultimately discontinued.

He also pointed to possible legal challenges from shareholders, linking the situation to decisions involving Michael Saylor and Strategy’s broader financial strategy.

Source: Peter Schiff