- Peter Schiff said Strategy Inc Class A (MSTR) faces a ‘death spiral’: Stretch 11.5% dividend may be unsustainable, possible share sales to buy Bitcoin, bankruptcy and lawsuits risk.
- Ripple CEO Brad Garlinghouse criticized Strategy Inc Class A (MSTR) for using debt and perpetual preferred shares including STRC to fund more Bitcoin purchases, calling it risky financial engineering
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Key facts: MSTR 'Death Spiral' Risk; Garlinghouse Condemns Debt BTC
Peter Schiff said Strategy Inc Class A (MSTR) faces a ‘death spiral’: Stretch 11.5% dividend may be unsustainable, possible share sales to buy Bitcoin, bankruptcy and lawsuits risk