Peter Schiff criticizes Michael Saylor's Bitcoin accumulation as actually harming common stock shareholders

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