Schiff Renews MicroStrategy Attack as BTC Slides 30% to $76K Despite Holdings Growth

Peter Schiff continues criticizing MicroStrategy's Bitcoin strategy, questioning if its debt-funded accumulation props up prices amid a 30% BTC drop from $110K to $76K, with holdings rising to 3.9% of supply. Criticism began April 23 calling STRC preferred shares an 'obvious Ponzi' with 11.5% yields funding 50,792 BTC since July 2025, escalating through crash warnings and a Bitcoin Conference blast on 'digital credit' risks. Saylor defends, eyeing $10M/BTC via credit scaling, but analysts trim outlooks amid volatility concerns.