Peter Schiff: Selling 1,638 Bitcoins and 3 million MSTR to repurchase STRC
2026-08-03 20:52:30
According to CoinMeta, Peter Schiff indicated that over the past week, he sold 1,638 bitcoins and more than 3 million shares of MSTR in order to raise cash and repurchase STRC. This move has reduced the yield of bitcoin from the beginning of the year to date to 3.5%, which is 74% lower than its peak in May. Currently, STRC has become a burden for MSTR, ensuring continued sales of bitcoins and dilution of common stocks.
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