Peter Schiff Labels Strategy's STRC a Ponzi Scheme

Peter Schiff has intensified his criticism of Strategy and its preferred share STRC, labeling it a pure Ponzi scheme. He warned that the structure is unsustainable and predicted that Michael Saylor, Strategy's leader, would suspend STRC dividends rather than sell Bitcoin reserves, according to BeInCrypto. Schiff's comments follow Saylor's admission that Strategy might sell Bitcoin to fund STRC dividends. Schiff argues this commitment is necessary to maintain confidence but believes Saylor will prioritize Bitcoin over STRC. Strategy recently reported a sharp Q1 2026 loss, raising concerns about its dividend financing model.