Schiff's Death Spiral Warning for MSTR Despite $137 Price Surge

Peter Schiff has renewed his warning about Strategy (MSTR), calling it a 'death spiral', despite the stock's recent surge to $137.40.

Schiff attributes Thursday's jump largely to short sellers closing positions rather than genuine buying conviction, and stands by his bear case against MSTR.

Strategy's executive chairman Michael Saylor responded with an AI-generated video of himself riding a bull in Spain, captioned 'Ride the ₿ull', as Bitcoin rallied above $80,000 this week.