Peter Schiff Asks Michael Saylor What's Funding Dividend Payouts On Strategy's Preferred Stock: 'MSTR Is Losing Money'

Benzinga01-30

Economist Peter Schiff questioned on Thursday how Strategy Inc. (NASDAQ:MSTR) can sustain the 11% dividend payout on its Perpetual Stretch Preferred Stock (NASDAQ:STRC), citing the company’s ongoing ...

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Comments

  • Guavaxf3006
    01-31 09:11
    Guavaxf3006
    The MSTR stock is often seen as a leveraged Bitcoin proxy due to its recursive strategy of issuing equity and debt to acquire more BTC as its price rises. However, this link makes it vulnerable to BTC price declines too, which is exactly what is happening now. One word. PONZI!
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