Peter Schiff Says Michael Saylor Strategy-Bitcoin Model Is ‘Fraud’ And MSTR Is ‘Broken’
Posted On December 1, 2025
Peter Schiff has cast doubt on Bitcoin (CRYPTO: BTC) and Strategy (NASDAQ:MSTR), accusing Michael Saylor of running an unsustainable business model that he argues looks increasingly like a “fraud.”
What Happened: In a new X post, Schiff claimed Strategy is approaching collapse, alleging Saylor was “forced” to sell company stock to raise U.S. dollars, not to buy additional Bitcoin, but to cover interest and dividend obligations.
Schiff argues the company’s business model is unsustainable. Since it has no meaningful operating …
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