Peter Schiff: MSTR's yield will not materialize, leading to a sell-off that sets off a vicious cycle
2025-11-16 19:53:05
Economist Peter Schiff writes that MSTR's business model relies on income-oriented funds buying its "high-yielding" preference shares. But these announced returns never materialize. Once fund managers realise this, they dump these preference shares, and MSTR will no longer be able to issue any preference shares, setting off a vicious cycle.
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