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Peter Schiff Slams Strategy: Saylor’s BTC Purchases Are Harming Common Shareholders
2026.06.08 - 13:27
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TechFlow News, June 8: Peter Schiff criticized in a post that MicroStrategy’s ($MSTR) original business model generated positive Bitcoin returns by issuing common stock at a premium and low-coupon preferred stock. However, Saylor’s current Bitcoin-buying activity has evolved into propping up Bitcoin’s price at the expense of common shareholders, forcing them to bear negative Bitcoin returns.
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