Strategy Inc has established a $1.44 billion USD reserve to cover 12 months of preferred dividends and interest payments, funded through at-the-market stock sales. The company, which now holds 650,000 BTC, views this as a strategic evolution, according to Michael Saylor. However, Peter Schiff, a known crypto skeptic, criticized the move, suggesting it reflects a flawed business model. Schiff labeled Saylor a conman, arguing that raising cash for obligations rather than Bitcoin purchases signals a failure in Strategy Inc's Bitcoin-leveraged approach.