Peter Schiff fired at Strategy Inc. (NASDAQ:MSTR) on Friday, warning that retirees who put savings into STRC (NASDAQ:STRC) have already lost over 7% as the preferred stock trades at $92.62, well below its $100 par value target.

STRC Broke Its 10-Month Rising Trendline As Bitcoin Bleeds

Something went wrong.

“Saylor better lawyer up fast,” Schiff half-jokingly wrote on X.

Meanwhile, STRC has violated the rising trendline that held from August 2025’s $81 lows through nearly 10 months of higher highs.