Peter Schiff says Strategy may be forced to sell Bitcoin as MSTR falls to $96.27 on June 24
AI Market Summary
Strategy (MSTR) slipping below $100 and rising preferred-dividend obligations are reviving concerns that balance-sheet strain could eventually force Bitcoin sales or a pause in accumulation. Schiff's comments and CryptoQuant's liquidity-focused guidance highlight a tighter funding backdrop, weaker treasury optionality, and reduced marginal impact of Strategy's buys. Near-term, this increases perceived supply-risk and sentiment sensitivity around BTC-linked corporate treasuries.
Impact level
● Medium
Affected assets
BTC/USDT+0.15%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Strategy (MicroStrategy) shares closed at $96.27 on June 24, down 7.2% over the past two days and more than 38% over six months, while the company’s cash reserves have fallen 38% in 2026. Dividend coverage for its STRC preferred stock has dropped to about 14 months, leaving an estimated roughly $2.8 billion gap to reach a 24-month coverage level. Peter Schiff warned that continued weakness could force the company to sell Bitcoin to support the stock or meet obligations. CryptoQuant has also urged Strategy to pause further BTC accumulation and prioritize rebuilding liquidity.
