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Peter Schiff predicts crash for MicroStrategy, Bitcoin, and new preferred stock

May 08, 2026, 5:05 PM
In response to MicroStrategy (MSTR) founder Michael Saylor's analogy comparing the company's preferred stock (STRC) to a passenger jet, Bitcoin to a fighter jet, and MSTR stock to a rocket, Euro Pacific Capital CEO Peter Schiff warned that all three will crash.

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