Peter Schiff Claims Strategy Bitcoin Math Has Turned Against MSTR

TLDR Peter Schiff said Strategy’s Bitcoin buying model no longer works because current MSTR share sales occur at a discount. Schiff argued that Strategy’s latest 1,550 BTC purchase reduced Bitcoin per share and created “negative Bitcoin yield.” He claimed past MSTR sales helped shareholders because Strategy sold stock at a premium to its Bitcoin holdings. [...]

The post Peter Schiff Claims Strategy Bitcoin Math Has Turned Against MSTR appeared first on Blockonomi.