Business1 source
Schiff: Saylor's STRC Is 'Dead'
Headline from U.Today
Key points
- Prominent Bitcoin critic Peter Schiff has declared Michael Saylor's STRC preferred stock dead.
- Schiff accused MicroStrategy of keeping the investment product on artificial life support using massive buybacks.
- He pointed out that this intervention comes despite the product offering a hefty 12% dividend yield to investors, signaling potential underlying weakness in the offering.
Summarized automatically by Kryptokite from reporting by U.Today. Read the original sources for full detail.
Coins mentioned
Sources
- U.TodaySchiff: Saylor's STRC Is 'Dead' · 2 hours agoRead on U.Today
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