Peter Schiff Questions Strategy’s 12% Yield as Bitcoin Drops 19% This Year
Peter Schiff questioned whether expected bitcoin gains could sustain Strategy’s preferred-stock payments after losses he cited over two consecutive years. His criticism targeted Stretch, the bitcoin treasury giant’s income-paying security traded as STRC, which carries a variable dividend rate. Schiff Challenges the Bitcoin Growth Assumption Economist Peter Schiff challenged the bitcoin return assumptions behind Strategy […]
This is a summary aggregated from Bitcoin.com News. Read the complete article on the original site:
Read full article at Bitcoin.com News