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Gold advocate Peter Schiff has escalated his attack on Michael Saylor's MicroStrategy, now operating as Strategy, branding its preferred share offering a textbook Ponzi structure. The criticism follows the company's worst quarterly loss on record and a public admission from Saylor that Bitcoin holdings could be sold to fund dividends. Peter Schiff Calls MicroStrategy STRC a Ponzi Scheme Peter Schiff intensified his ongoing dispute with Strategy's Michael Saylor on April 23, d

3 min read Key Takeaways: Bitcoin plunged below $100,000 for the first time since June, wiping out nearly all 2025 gains as $1 trillion evaporated from crypto markets Over $1.5 billion in leveraged long positions liquidated in 48 hours, exposing dangerous margin debt levels reminiscent of 2022's collapse Goldman Sachs warns Federal Reserve policy shifts could derail the crypto recovery, while crypto skeptic Peter Schiff says "I told you so" Quantum computing threats now loom