Peter Schiff: The yield of MSTR will not be realized, leading to a dumping, which will trigger a vicious cycle.

Golden Finance reported that economist Peter Schiff stated that MSTR's business model relies on revenue-oriented funds purchasing its “high-yield” preferred shares. However, these announced yields will never actually materialize. Once fund managers realize this, they will sell these preferred shares, and MSTR will no longer be able to issue any preferred shares, leading to a vicious cycle.