According to TechFlow TechFlow, on May 6th, in response to Strategy founder Michael Saylor's recent statement that he might sell some Bitcoin if it would benefit the company, economist and cryptocurrency critic Peter Schiff commented on the X platform that Michael Saylor's "commitment" might help extend the current system's lifespan. However, he predicted that Michael Saylor is more likely to choose to suspend dividend payments on his perpetual preferred stock, STRC, causing a significant drop in STRC's share price, rather than selling Bitcoin to avoid impacting Bitcoin's price.
Peter Schiff: Michael Saylor may not sell BTC, and is more likely to suspend STRC dividend payments.
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