Peter Schiff: Michael Saylor Might Not Sell BTC, More Likely to Pause STRC Dividend Payments
Svmuu Report: In response to Strategy founder Michael Saylor's recent indication that he might sell some Bitcoin if it benefits the company, economist and cryptocurrency critic Peter Schiff commented on Platform X, stating that Saylor's "commitment" might help extend the current system's operational timeline. However, Schiff anticipates Saylor is more likely to choose to suspend dividend payments on its perpetual preferred stock STRC, leading to a significant drop in STRC's share price, rather than selling Bitcoin, thereby avoiding an impact on Bitcoin's price.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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