Peter Schiff Questions Strategy’s 12% Yield as Bitcoin Drops 19% This Year

Peter Schiff questioned whether expected bitcoin gains could sustain Strategy’s preferred-stock payments after losses he cited over two consecutive years. His criticism targeted Stretch, the bitcoin treasury giant’s income-paying security traded as STRC, which carries a variable dividend rate. Economist Peter Schiff challenged the bitcoin return assumptions behind Strategy Inc.’s (Nasdaq: MSTR) preferred-stock financing model. Writing on Nov. 12 on X, he argued that recent losses undermined expectations of sustained appreciation supporting its payments. MSTR is the company’s common-stock ticker, distinct from its income-paying STRC shares. Michael Saylor, Strategy’s founder and executive chairman, projected average annual bitcoin appreciation of approximately 30% over 20 years in a June 2025 CNBC interview. More recently, he forecast annual growth of 20% to 30% over the next two decades during an Oct.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Bitcoin.com News.