Schiff Tells Bulls to Buy BTC Over MSTR Amid Falling Yield
Bitcoin critic Peter Schiff recently questioned the rising stock price of Strategy (MSTR) shares after the company sold another batch of common shares without buying any Bitcoin.
The recent sale reduced Strategy's year-to-date Bitcoin yield to 4.5%, a decline of about 66% from its peak of 13.3% on May 25.
Schiff argued that if investors are bullish, they would be better off owning Bitcoin directly instead of investing in MSTR shares.