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Peter Schiff: Michael Saylor May Not Sell BTC, More Likely to Pause STRC Dividend Payments

2026-05-07 13:20

Odaily reported that in response to Strategy founder Michael Saylor's recent statement that he might sell some Bitcoin if it benefits the company, economist and cryptocurrency critic Peter Schiff commented on X platform, stating that Michael Saylor's "commitment" might help extend the current system's operation time. However, he expects Michael Saylor is more likely to choose to suspend dividend payments on the company's perpetual preferred stock STRC, causing a significant drop in STRC's share price, rather than selling Bitcoin, thus avoiding an impact on Bitcoin's price.