Peter Schiff criticizes Michael Saylor for accumulating Bitcoin at the expense of common shareholders

Odaily: Peter Schiff criticized MicroStrategy in a post on X platform. He stated that the company previously relied on issuing common shares at a premium and low-interest preferred shares to achieve positive Bitcoin yields. However, Saylor's current accumulation strategy actually sacrifices the interests of common shareholders to prop up Bitcoin's price, ultimately leaving such shareholders facing negative Bitcoin returns.