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Peter Schiff criticizes the new Strategy fund: claims Saylor was forced to sell stocks for dollars.
Economist Peter Schiff has recently fired another shot. He directly criticized Strategy's new move on social media - the launch of a dividend reserve fund.
Schiff's viewpoint is quite sharp: he believes this marks the starting point of Strategy's decline. He points out that Michael Saylor is now forced to sell stocks, but the purpose is not to continue hoarding coins, but to exchange them for US dollars to pay the company's interest and dividends.
In Schiff's view, the company's stock value has collapsed, and the entire business model is a complete scam. He even bluntly labeled Saylor as “Wall Street's number one con artist.”
This statement will undoubtedly spark a new round of debate in the cryptocurrency community. Supporters and opponents are likely to start a new round of verbal battles.