{"id":89335,"date":"2026-05-04T07:01:45","date_gmt":"2026-05-04T07:01:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89335"},"modified":"2026-05-04T07:01:45","modified_gmt":"2026-05-04T07:01:45","slug":"peter-schiff-calls-strategys-preferred-stock-most-obvious-ponzi-scheme-because-the-michael-saylor-led-company-is-open-about-it","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89335","title":{"rendered":"Peter Schiff Calls Strategy&#8217;s Preferred Stock &#8216;Most Obvious&#8217; Ponzi Scheme Because The Michael Saylor-Led Company Is &#8216;Open&#8217; About It"},"content":{"rendered":"<div>\n<p>Renowned investor\u00a0<strong>Peter Schiff<\/strong>\u00a0on Sunday doubled down on his statement about <strong>Strategy Inc.<\/strong>\u2018s <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 being \u201cthe most obvious\u201d Ponzi scheme.<\/p>\n<h2 class=\"wp-block-heading\">Schiff\u2019s Jibe At Strategy CEO\u2019s Defense<\/h2>\n<p>In an X post, Schiff likely referenced Strategy CEO <strong>Phong Le\u2019s <\/strong>interview on the Paul Barron show dated April 24, where he defended the firm\u2019s <strong>Perpetual Stretch Preferred Stock<\/strong>\u00a0<a href=\"https:\/\/www.benzinga.com\/quote\/STRC\" target=\"_blank\" rel=\"noreferrer noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/STRC\">STRC<\/a>) offering as \u201ctransparent.\u201d<\/p>\n<p><figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Insane 11.50% Cash Yields Powered By Bitcoin!\ud83d\udd25$STRC\u26a1Strategy CEO INTERVIEW\ud83d\udea8Phong Lee\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Pm2V86XrR0k?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/p>\n<\/figure>\n<p>\u201cWe are taking the proceeds of Stretch and putting it into Bitcoin, right? It\u2019s not like we\u2019re taking the proceeds, and we\u2019re then using those proceeds to pay out dividends,\u201d Le said. \u201cSo, it\u2019s very clear what we\u2019re doing with the proceeds.\u201d<\/p>\n<p>However, the response failed to impress Schiff.<\/p>\n<p>\u201cBut I never accused Strategy of hiding the scheme. In contrast, I called STRC the most obvious Ponzi precisely because MSTR is so open about it,\u201d Schiff said.<\/p>\n<p>Strategy didn\u2019t immediately return Benzinga\u2019s request for comment.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Strategy CEO <a href=\"https:\/\/twitter.com\/phongle?ref_src=twsrc%5Etfw\">@phongle<\/a> refuted my claim that <a href=\"https:\/\/twitter.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRC<\/a> is a Ponzi scheme by arguing it&#8217;s &#8220;transparent&#8221; and &#8220;very clear what we&#8217;re doing.&#8221; But I &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/05\/52240434\/peter-schiff-calls-strategys-preferred-stock-most-obvious-ponzi-scheme-because-the-michael-?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Peter\" schiff calls strategy preferred stock obvious ponzi scheme because the michael saylor-led company is about it>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned investor\u00a0Peter Schiff\u00a0on Sunday doubled down on his statement about Strategy Inc.\u2018s (NASDAQ:MSTR) preferred stock being \u201cthe most obvious\u201d Ponzi scheme. Schiff\u2019s Jibe At Strategy CEO\u2019s Defense In an X post, Schiff likely referenced Strategy CEO Phong Le\u2019s interview on the Paul Barron show dated April 24, where he defended the firm\u2019s Perpetual Stretch Preferred [&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-89335","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\/89335","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=89335"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89335\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}