Strategy's preferred stack is cracking, Bitcoin is at $58,000, and a securities probe just landed. Peter Schiff says he warned everyone.

Economist Peter Schiff warned of complacency among Bitcoin (CRYPTO: BTC) enthusiasts on Tuesday, June 23, pointing to Strategy Inc.'s (NASDAQ: MSTR) ongoing market struggles.

CryptoQuant says the cash cushion behind Strategy's STRC has thinned from seven years of coverage to 14 months, and buying BTC at cycle tops has left the company with a $10.6…