Peter Schiff: Michael Saylor might not sell BTC, but is 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 benefits the company, economist and cryptocurrency critic Peter Schiff commented on platform X, saying that the "promise" made by Michael Saylor might help extend the current system's operational timeline. However, Peter Schiff expects that Michael Saylor would be more likely to choose to suspend dividend payments on its perpetual preferred stock STRC, causing a sharp decline in STRC's stock price, rather than selling Bitcoin, thus avoiding an impact on Bitcoin's price.
