Peter Schiff Challenges Saylor to Debate Involving STRC
News By Caroline Amosun Thu, 23/04/2026 - 10:44 Peter Schiff continues to troll Michael Saylor since the firm released a report on the impressive growth of STRC which has become the world’s largest preferred backed by Bitcoin. Advertisement
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Bitcoin's longtime critic and pro-gold advocate, Peter Schiff, is not looking to slow down on his steady criticism of Bitcoin as he continues to harshly attack the world's largest Bitcoin treasury firm, MicroStrategy.
After recently describing MicroStrategy as the world's largest Ponzi, Schiff has pushed further on his claims against the firm, challenging the chairman, Michael Saylor, for a public discussion on the matter.
Schiff declares debate on MSTR
To back his claims about MicroStrategy operating under a fraudulent scheme, Schiff has disclosed plans to host a live discussion later today to majorly discuss $MSTR and analyze its structure.
HOT Stories Fundstrat Boss Backs $250,000 Target for ETH Bitcoin (BTC) Closer to $80,000 Than $60,000 Again, Ethereum's (ETH) $3,000 Recipe, Hyperliquid (HYPE) Bounce Triggered: Crypto Market ReviewI'm going to host a Space at 8:30 PM on $STRC. I think it's an obvious Ponzi. I'll invite people to join and try to prove me wrong. @Saylor, this includes you. Also, I'd like @coffeebreak_YT to join. He did a great job exposing this, but then backed away from calling it a Ponzi.
— Peter Schiff (@PeterSchiff) April 23, 2026
While he holds firm to his argument that MicroStrategy is an obvious Ponzi, Schiff has invited interested participants to challenge his theory and back it up with proof.
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The post further triggered the attention of the crypto community when he specifically called on Saylor to join the debate alongside the popular investigative journalist, Coffeezilla.
AdvertisementWhile the journalist is renowned for his investigative videos into alleged financial scams, Peter Schiff applauded him for previously looking into MicroStrategy; however, he expressed displeasure that the journalist backed off from calling MicroStrategy a Ponzi.
Schiff receives backlash on new claims
While Schiff is yet to get a response from Michael Saylor on the challenge, the X community has frowned at his consistent criticism with points considered "baseless."
Most of the commentators disagreed with his description of MicroStrategy as a Ponzi; they argued that the MSTR structure seems more like traditional capital-raising models rather than fraudulent schemes.
One of the comments also explained that MicroStrategy is only raising funds to invest in assets expected to generate returns, which is typically a standard financial structure.
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