Economist and Bitcoin (CRYPTO: BTC) critic Peter Schiff expressed doubts about MicroStrategy Inc.’s (NASDAQ:MSTR) decision to split its stock amidst a bear market, labeling the move as an act of desperation What Happened: Schiff took to X to share his views on the Virginia-based company announcing a 10-for-1 stock split Thursday. “I don’t think I’ve ever seen a company announce a stock split when its shares were solidly in a bear market, down 35% from the high. This really smacks of desperation. MSTR looks very vulnerable for a major drop,” he wrote. See Also: Trump Vice President Pick Coming …
