Goldbug Peter Schiff Calls MSTR a ‘Fraud’—Analysts Say It Could Still Outperform Bitcoin

MicroStrategy (MSTR) is at the center of a heated debate, as Peter Schiff labels the company’s business model a fraud. Schiff warns that MSTR’s reliance on high-yield preferred shares and income-oriented funds is unsustainable, predicting that the company could eventually go bankrupt. Yet analysts and traders argue that MSTR’s strategy may still offer unique leveraged Bitcoin exposure, fueling a split in market sentiment. Schiff Slams MSTR as ‘Fraud’ but Analysts Argue It May Outrun Bitcoin According to Schiff, MicroStrategy’s preferred-share financing model could trigger a “death spiral,” with the goldbug terming the firm’s entire business model a fraud source: https://beincrypto.com/microstrategy-market-cap-bitcoin-premium/