Price Prediction
Peter Schiff Questions Bitcoin Yield for Strategy Inc. Income Shares
Economist Peter Schiff questioned the expected bitcoin gains that could sustain Strategy Inc.’s (Nasdaq: MSTR) preferred-stock payments, citing losses over two consecutive years. Schiff targeted STRC, the income-paying security traded as Strategy Inc.’s preferred shares, which carries a variable dividend rate. Schiff argued that recent losses undermined expectations of sustained appreciation supporting its payments, suggesting a potential decline in the 12% annual yield.