Is Strategy's Bitcoin Machine Broken? Peter Schiff Says It Is

Peter Schiff argues that Strategy’s Bitcoin financing model is failing, pointing to pressure on its share premium and the risks of issuing equity or debt to keep buying Bitcoin. The claim reflects a bearish interpretation, not evidence that the company has halted purchases or is insolvent. The key implication is that Strategy’s capacity to amplify Bitcoin demand depends on continued investor appetite for its securities and access to capital; if those weaken, a prominent source of incremental buying could diminish.