Peter Schiff has raised alarms regarding Strategy Inc. (NASDAQ:STRC), indicating that retirees who invested in the company's preferred stock are facing significant losses, with shares currently trading at $92.62, well below the $100 par value. This decline has broken a 10-month rising trendline, raising concerns about the stock's future trajectory. Grayscale's Head of Research, Zach Pandl, highlighted that trading below par creates a compounding issue, as Strategy may need to increase its dividend rate to attract buyers, which could pressure cash flow and lead to further Bitcoin sales, negatively impacting both Bitcoin and STRC prices. Meanwhile, Strive Asset Management's CEO, Matt Cole, defended the recent sale of Bitcoin by Strategy, framing it as a strategic move rather than capitulation. He also expressed optimism that Strategy would become a net buyer of Bitcoin moving forward. Analysts suggest that if Bitcoin prices continue to decline, STRC may see support levels around $86 to $88.