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Peter Schiff: Bitcoin bubble pulls US in
As Bitcoin edges back toward the
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As Bitcoin edges back toward the annual low after a modest correction and Ether attempts to rebound from about $1,800, Bitcoin critic Peter Schiff seized the moment to strike. Against the backdrop of falling prices, he highlighted a critical vulnerability in the capital structure of Strategy—a well-known institutional buyer of Bitcoin in recent years. Schiff noted that the preferred series shares STRC had fallen to $94.85 against a $100 par value, pushing the current dividend yield to 12.12%. The mechanics of
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Jakub Novak,
Analytical expert of InstaForex
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Pavel Vlasov
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