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Home Cryptocurrency

Saylor’s Strategy Secures $18M Capital For STRC Despite Peter Schiff’s Ponzi Claims

by FeeOnlyNews.com
3 months ago
in Cryptocurrency
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Saylor’s Strategy Secures M Capital For STRC Despite Peter Schiff’s Ponzi Claims
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Investor interest in Michael Saylor-led Strategy’s STRC stock is on the rise. Saturn, a company that offers yield tied to STRC, announced a new multimillion-dollar investment in its income-oriented security. The recent disclosure comes despite the growing criticism from Bitcoin skeptic Peter Schiff.

Strategy’s STRC Bags Fresh Investment

On Thursday, Saturn announced it had bought 18 million of STRC this week, which translates to roughly 180,000. This acquisition boosts its ownership in STRC to $33 million.

Earlier, in January 2026, Saturn had raised $800,000 from YZi Labs (formerly Binance Labs) and other crypto angels to develop a stablecoin product with a yield of over 11%. They mentioned that they would generate this yield via Michael Saylor’s STRC.

For context, STRC, which is a preferred equity offering, boasts a yearly yield of approximately 11.5%. This yield is paid monthly as of now, while it proposed semi-monthly dividends recently.

The company has been issuing this product to raise capital, which it uses on further Bitcoin purchases. Strategy has already accumulated over 815,000 BTC, which makes it one of the biggest corporate BTC holders.

Michael Saylor STRC
STRC stock price chart. Source: Yahoo! Finance

However, despite the recent capital inflow, STRC remains below $100 par value, which could affect Michael Saylor’s Bitcoin buying. At press time, the STRC stock price stood at $99.60, up 0.16% in the intraday session on Thursday, April 23.

Peter Schiff Slams STRC & Michael Saylor

The increased use of STRC has been accompanied by a fresh wave of feud in the community as Schiff slammed Michael Saylor on X. In a post on X, Schiff described STRC as “the most obvious Ponzi that has ever existed.”

He claimed that the enthusiasm among investors to invest in Bitcoin was less motivated BTC exposure and more influenced by the prospect of consistent income. Schiff indicates that the buyers are “primarily chasing the 11.5% annual dividend.”

Over a slew of posts, Schiff has cast doubts on the sustainability of Michael Saylor’s model. He noted that payouts hinge on continued inflows, which might not be sustainable in the long-term.

“The main difference between a typical Ponzi scheme and $STRC is that with the former the promoter doesn’t tell you it’s a Ponzi,” Schiff stated. He further added that in both cases, the “financial dynamics remain the same.”

Earlier, he also took aim at regulators, accusing the U.S. Securities and Exchange Commission of permitting the product to be sold. Moreover, Schiff also warned Michael Saylor of potential lawsuits in the future.



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Tags: 18MCapitalClaimsPeterPonziSaylorsSchiffssecuresStrategySTRC
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