Peter Schiff: Owning MSTR Is ‘The Worst Way’ To Play Bitcoin

Strategy Inc. (NASDAQ:MSTR) is facing renewed criticism after economist Peter Schiff argued the company’s latest Bitcoin (CRYPTO: BTC) purchase destroyed shareholder value.

“Owning MSTR Is The Worst Way

In an X post on June 9, Schiff sparked a debate over leverage, dilution and the sustainability of Michael Saylor’s Bitcoin accumulation strategy. He claimed Strategy is already sitting on a loss of more than $6 million from its recent purchase of 1,550 Bitcoin.

Over the past five days, MSTR is down over 8%.

According to Schiff, the acquisition not only lost value …

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