NewsBTC •
May 13, 2026 at 02:40 •
Analysis
Peter Schiff thinks Strategy executive chairman and co-founder Michael Saylor is misleading retirees. The outspoken economist fired off a warning on X, asking how the SEC could allow Saylor to publicly describe STRC as suitable for retired investors whose main goals are low-risk wealth preservation and steady income. Related Reading: Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies Schiff called it a violation of SEC antifraud and marketing rules. Strategy has not publicly responded to the criticism. A Preferred Stock Built Around Bitcoin The debate comes as Strategy pulled in over $206 million through its STRC perpetual preferred stock program. According to data from Bitcoin Treasuries’ ATM tracker on May 11, the company issued 2.12 million shares ...
