Peter Schiff Warns MSTR Stock Faces Worse Returns in 2026 Amid Upcoming MSCI Decision

Bitcoin critic and renowned economist Peter Schiff has again criticized Michael Saylor’s Strategy, while warning that the MSTR stock will likely suffer worse returns this year. His warning comes amid the upcoming MSCI decision on whether digital asset treasury companies, such as Strategy, are Funds.

Peter Schiff Warns Of More Loss For The MSTR Stock

In an X post, Schiff stated that the Strategy stock will likely deliver even worse returns in 2026. This came as he criticized the company’s preferred stock, STRC, which Saylor revealed is now paying a 11% monthly dividend.

The economist described this move as being desperate, claiming that Strategy was struggling to pay the intial 10% dividend and is now increasing the dividend payment despite that. He further remarked that this proves that STRC is “junk.” Based on this, Schiff declared a worse return for the MSTR stock this year than in 2025.

MSTR ended last year with a 50% loss from its 2025 high above $400. The stock notably crashed in the second half of the year and continued to decline as the BTC price fell below $100,000 in November last year. Meanwhile, Schiff also explained why he believes the stock will have a worse run this year, stating that BTC will drop much more than last year, which he claimed would put a lot of stress on MSTR shares.

Schiff also recently mentioned how MSTR would have been the sixth-worst-performing stock if Strategy were in the S&P 500. He also claimed that Strategy’s decision to buy Bitcoin has destroyed shareholder value.

Upcoming MSCI Decision For Strategy

Schiff’s prediction for the MSTR stock comes amid MSCI’s upcoming decision regarding Strategy and other digital asset treasury companies. MSCI will decide on January 15 whether these companies qualify as investment funds, which could lead to a delisting for Michael Saylor’s company from MSCI’s global indices.

It is worth noting that the consultation period on the proposal to exclude digital asset treasury companies closed yesterday. JPMorgan has warned that Strategy could see about $2.8 billion in outflows if MSCI removes it from its equity indices, which could negatively impact MSTR stock.

Crypto traders are currently betting on the MSCI delisting Strategy following its decision on January 15. Polymarket data shows that there is a 77% chance that Saylor’s company is delisted from the MSCI index by March 31.