Noted economist Peter Schiff stated on Sunday, June 28, that Michael Saylor destroyed shareholder value at his firm, Strategy Inc., allegedly by pursuing a flawed Bitcoin accumulation strategy.

"Financial engineering does not drive long-term value ... long-term value of any digital asset is going to be driven by utility," said Garlinghouse.

Strategy leaders reinforced the company’s bitcoin treasury strategy as volatility pressured the company's securities. Michael Saylor emphasized discipline

Michael Saylor has lost billions of dollars in personal net worth as the MSTR stock has plunged from $540 to $82.

Peter Schiff believes that Michael Saylor has no easy way out to save Strategy as the MSTR and STRC stocks dive.

Noted economist Peter Schiff stated on Sunday, June 28, that Michael Saylor destroyed shareholder value at his firm, Strategy Inc., allegedly by pursuing a flawed Bitcoin…

Michael Saylor said Strategy will remain disciplined in issuing new shares when its stock trades near net asset value and highlighted nearly $3.8 billion in dividend coverage…

Schiff says Strategy's $17B in buying couldn't stop Bitcoin's 53% drop, questioning why $20,000 still sounds unrealistic to bulls.