Schiff: Saylor’s STRC Is ‘Dead’

Bitcoin critic Peter Schiff called Michael Saylor's STRC preferred stock "dead," arguing that Strategy is propping up the product with large buybacks despite its 12% dividend yield. The claim targets Saylor's leveraged bitcoin-linked capital structure, which traders watch as a signal of demand for crypto treasury vehicles. It is commentary rather than a market event, so any price effect is likely limited.