{"id":31610,"date":"2025-06-12T18:16:35","date_gmt":"2025-06-12T18:16:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31610"},"modified":"2025-06-12T18:16:35","modified_gmt":"2025-06-12T18:16:35","slug":"peter-schiff-slams-mstr-business-model-is-a-complete-fraud-says-bankruptcy-is-inevitable","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31610","title":{"rendered":"Peter Schiff Slams MSTR: &#8216;Business Model Is a Complete Fraud,&#8217; Says Bankruptcy Is Inevitable"},"content":{"rendered":"<div>\n<p>Economist <strong>Peter Schiff<\/strong> didn\u2019t hold back when criticizing the Bitcoin Treasury company <strong>Strategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), while issuing a stark warning on its future.<\/p>\n<p><strong>What Happened: <\/strong>Schiff, a long-time <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) critic, replied to a post on X by Strategy\u2019s Executive Chairman, <strong>Michael Saylor,<\/strong> on Thursday. The post featured the highlights of a recent Bloomberg segment on the company\u2019s Bitcoin stash, which <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45837005\/strategy-buys-another-110-million-in-bitcoin-now-holds-582000-btc\">now stands at 582,000, worth over $63 billion<\/a>.<\/p>\n<p>Schiff\u2019s reply was blunt and did not hold back, as he accused Strategy\u2019s business model of being \u201ca complete fraud,\u201d referring to the company\u2019s pivot into becoming a <a href=\"https:\/\/www.benzinga.com\/partner\/cryptocurrency\/24\/09\/41000578\/microstrategy-a-potential-bitcoin-proxy-now-you-can-trade-its-moves-with-leveraged-mstr-et\">proxy for Bitcoin<\/a>.<\/p>\n<p><strong>See Also: <a href=\"https:\/\/www.benzinga.com\/news\/politics\/25\/06\/45898797\/trump-and-jd-vance-push-fed-to-slash-interest-rates-after-mild-inflation-report-calling-current-policy-monetary-malpractice\">Trump And JD Vance Push Fed To Slash Interest Rates After Mild Inflation Report, Calling Current Policy \u2018Monetary Malpractice\u2019<\/a><\/strong><\/p>\n<p>While the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45911789\/peter-schiff-slams-mstr-business-model-is-a-complete-fraud-says-bankruptcy-is-inevitable\" alt=\"Peter\" schiff slams mstr: model is a complete fraud says bankruptcy inevitable>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist Peter Schiff didn\u2019t hold back when criticizing the Bitcoin Treasury company Strategy Inc. (NASDAQ:MSTR), while issuing a stark warning on its future. What Happened: Schiff, a long-time Bitcoin (CRYPTO: BTC) critic, replied to a post on X by Strategy\u2019s Executive Chairman, Michael Saylor, on Thursday. The post featured the highlights of a recent Bloomberg [&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-31610","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\/31610","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=31610"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31610\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}