Peter Schiff Questions Strategy’s 12% Yield as Bitcoin Drops 19% This Year
By Kevin Helms
Peter Schiff questioned whether expected bitcoin gains could sustain Strategy’s preferred-stock payments after losses he cited over two consecutive years. His criticism targeted Stretch, the bitcoin treasury giant’s income-paying security traded as STRC, which carries a variable dividend rate. Schiff Challenges the…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinDividend
A share of a company's profit paid out to its shareholders, usually in cash.
Dividends are a regular income source for investors and a signal of a company's financial health.
More about DividendMore in Bitcoin
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