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Peter Schiff Says Strategy’s STRC is a Ponzi Scheme: Here’s Why

Strategy's software business generates revenue, but Schiff says it falls short of covering 11.5% annual dividends across STRC's issuance. Bitcoin critic Peter Schiff held a live audio Space on X earlier today, where he called Strategy’s preferred stock offering, STRC, “an obvious Ponzi scheme” and invited Michael Saylor and others to prove him wrong. The

US Stock Market Highlights: Wall Street ends lower as software slump, Iran tensions drag markets

US Stock Market Highlights: The S&P 500 slipped 0.4% after earlier hitting a fresh intraday high, while the tech-heavy Nasdaq Composite declined 0.9%, also pulling back after touching a record during the session. The Dow Jones Industrial Average fell about 180 points, or 0.4%, reversing part of its recent gains...