Is Strategy BTC-Buying Instrument in Trouble?
Bitcoin (BTC) has fallen roughly 50% since Michael Saylor’s Strategy launched Stretch (STRC), its flagship Bitcoin-funding vehicle, in late July 2025. BTC/USD monthly chart. Source: TradingView Key takeaways: STRC is acting like a classic Ponzi scheme, argue Peter Schiff and other critics. Other analysts disagree, noting that STRC’s drop below the $100 par is due…