Schiff warns STRC retirees have lost 7% as Strategy's preferred stock breaks its 10-month trendline with Bitcoin sliding toward $63K.

Strategy Inc.’s (NASDAQ:MSTR) preferred stock

Schiff warns STRC retirees have lost 7% as Strategy's preferred stock breaks its 10-month trendline with Bitcoin sliding toward $63K.

Strategy shares tumbled alongside Bitcoin on Friday as the firm's flagship preferred stock also came under pressure.