Longtime Bitcoin critic Peter Schiff renewed his attack on Strategy’s (NASDAQ:MSTR) preferred stock offering STRC (NASDAQ:STRC), accusing Executive Chairman Michael Saylor of misleading investors.
Never Attracted To BTC Narrative
"It’s true that I never bought into the Bitcoin (CRYPTO: BTC) narrative, but I always respected the views of those who disagreed with me,” Schiff wrote on June 24 in an X post.
"But I drew a line with Saylor defrauding investors with his STRC Ponzi scheme and those who covered for him."
In a separate post, Schiff argued that Saylor marketed STRC as a lower-risk Bitcoin-linked investment for conservative investors.
