{"id":105783,"date":"2026-06-18T13:33:06","date_gmt":"2026-06-18T13:33:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=105783"},"modified":"2026-06-18T13:33:06","modified_gmt":"2026-06-18T13:33:06","slug":"is-strategy-the-worst-ponzi-ever-critics-warn-saylors-strc-play-could-end-badly","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=105783","title":{"rendered":"Is Strategy The &#8216;Worst Ponzi Ever&#8217;? Critics Warn Saylor&#8217;s STRC Play Could End Badly"},"content":{"rendered":"<div>\n<p><strong>Michael Saylor<\/strong>\u2018s <a href=\"https:\/\/www.benzinga.com\/quote\/STRC\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"STRC\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/STRC\">STRC<\/a>) dropped below $89.50 Wednesday as crypto analyst DonAlt called <strong>Strategy Inc.\u2019s<\/strong> <a class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>) preferred stock \u201cthe worst Ponzi\u201d he has ever seen, with buyers who paid $100 already down over 10%.<\/p>\n<h3 class=\"wp-block-heading\">DonAlt Lays Out The Death Loop In Plain Terms<\/h3>\n<p>DonAlt <a href=\"https:\/\/x.com\/donalt\/status\/2067406037850943942\">posted<\/a> the full breakdown on X: Saylor buys<strong> Bitcoin<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), issues STRC, buys more Bitcoin with proceeds, average buy price rises.\u00a0<\/p>\n<p>When the market drops, STRC depegs, Saylor sells Bitcoin below his average to repeg it, which pushes Bitcoin lower, forcing more Bitcoin sales.<\/p>\n<p>When the market recovers, he issues more STRC at higher Bitcoin prices and the cycle repeats with a higher cost basis each time.<\/p>\n<p><strong>Peter Schiff<\/strong> <a href=\"https:\/\/x.com\/PeterSchiff\/status\/2067339436312969322\">added<\/a> the immediate damage. STRC closed at &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53274470\/is-strategy-the-worst-ponzi-ever-critics-warn-saylors-strc-play-could-end-badly?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Is\" strategy the ponzi ever critics warn saylor strc play could end badly>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor\u2018s (NASDAQ:STRC) dropped below $89.50 Wednesday as crypto analyst DonAlt called Strategy Inc.\u2019s (NASDAQ:MSTR) preferred stock \u201cthe worst Ponzi\u201d he has ever seen, with buyers who paid $100 already down over 10%. DonAlt Lays Out The Death Loop In Plain Terms DonAlt posted the full breakdown on X: Saylor buys Bitcoin (CRYPTO: BTC), issues [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-105783","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/105783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105783"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/105783\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}