Schiff Claims Strategy Depends on Unsustainable Privileged Share Sales
Peter Schiff, long-time Bitcoin critic and outspoken adversary of Michael Saylor, has launched a new wave of accusations. According to Schiff, Strategy’s business model is entirely dependent on funds continuing to buy privileged shares with supposedly high yields. He claims these payouts will never actually occur, calling the structure a financial trap disguised as a stable investment product.
Prediction of Mass Fund Exit and Potential Collapse
Schiff argues that once fund managers realize no real yields are coming, they will begin exiting Strategy’s preferred shares en masse. This, he says, would cut off the company’s ability to issue new shares, triggering a chain reaction that could ultimately push Strategy toward collapse.
Schiff Challenges Saylor to a Public Debate
Amid the accusations, Schiff has publicly challenged Michael Saylor to a live debate, proposing a direct discussion on Strategy’s financial risks and the long-term sustainability of the company’s model. The standoff between the two high-profile figures has already drawn significant attention from investors and industry observers.
Schiff Also Set to Debate CZ
Separately, Schiff has challenged Binance founder Changpeng Zhao to a debate as well. Their clash is expected to take place during Binance Blockchain Week in December, where Schiff plans to address transparency, regulation, and the structural weaknesses he sees in the broader crypto industry.
What Comes Next?
Schiff’s allegations are fueling intense debate among institutional and retail investors. If the proposed debates take place, they could become some of the most high-profile confrontations of the year, potentially influencing perceptions of Strategy’s financial model and shaping wider discussions around corporate investment practices.
