Schiff warns Saylor may sell more Bitcoin, MSTR for STRC

Peter Schiff warns Saylor may need to sell more Bitcoin and MSTR shares to support STRC, as recent actions failed to lift STRC above $95. He sees this as negative for Bitcoin and MSTR holders.

Peter Schiff has cautioned that Michael Saylor may be compelled to sell additional Bitcoin and MSTR shares as MicroStrategy seeks to bolster the price of its STRC preferred stock, which remains below $95 despite recent buybacks. Schiff points out that the sale of 1,690 BTC for approximately $108.6 million and the repurchase of about 1.15 million STRC shares have not succeeded in returning STRC to its $100 target. He argues that further sales of Bitcoin and discounted MSTR common stock may be necessary, a move he considers negative for both Bitcoin and MSTR shareholders. Schiff has intensified his criticism of MicroStrategy’s capital management, claiming these actions undermine shareholder value and reduce direct Bitcoin exposure. MicroStrategy has also sold roughly $653 million in MSTR common stock to strengthen its dollar reserves. While Schiff’s comments reflect a bearish outlook, there is no evidence of an imminent large-scale liquidation. Investors are closely monitoring upcoming filings for further BTC sales, MSTR issuance, or STRC repurchases.