Strategy Inc. (NASDAQ:MSTR) has recently made headlines by acquiring 1,550 Bitcoin, valued at approximately $101 million. However, this move has drawn sharp criticism from financial commentator Peter Schiff, who labels it as 'damage control' and indicative of deeper issues within the company's capital allocation strategy. Schiff argues that the acquisition could lead to dilution for existing shareholders, particularly since the purchase was funded entirely through sales of common stock. He emphasized that if Strategy sells stock below the necessary level to make Bitcoin purchases beneficial, shareholders face dilution. This concern is amplified by the company's adjusted multiple-to-net-asset-value (mNAV), which has recently dropped to about 1.2x, below the 1.22x threshold identified by CEO Michael Saylor as necessary for accretive stock issuance. Trader Crypto Kaleo echoed these sentiments, highlighting that the cash raised from stock sales could reduce Bitcoin exposure per share instead of increasing it. Schiff's comments suggest that this acquisition could mark the 'beginning of the end' for MSTR, raising alarms among investors about the company's future.