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Peter Schiff: Michael Saylor may not sell BTC, more likely to suspend STRC dividend payments

2026-05-07 13:20

Odaily Planet Daily News: In response to Strategy founder Michael Saylor's recent statement that he might sell some Bitcoin if it helps the company, economist and cryptocurrency critic Peter Schiff commented on X platform, saying that Michael Saylor's "commitments" may help extend the current system's operation time. However, he predicts that Michael Saylor is more likely to choose to suspend dividend payments for his perpetual preferred stock STRC, causing STRC's stock price to drop significantly, rather than selling Bitcoin, thus avoiding an impact on Bitcoin's price.