Peter Schiff criticizes Michael Saylor's Bitcoin accumulation, claiming it actually harms common shareholders' interests

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