Bitcoin Policy UK CEO: Michael Saylor's risk descriptions in promoting SRC were "dishonest".

CoinFeed reported on June 16th that, according to The Block, Susie Ward, CEO of Bitcoin Policy UK, stated at the BTC Prague conference that Strategy's Michael Saylor's description of investment risks in a video promoting STRC was "dishonest," giving the impression that "the product is risk-free." STRC is a perpetual preferred stock offering an 11.25% dividend, and Strategy raises funds by selling this stock to purchase Bitcoin. Ward believes this model of raising funds to buy Bitcoin through stock sales is problematic, stating that it contradicts Bitcoin's scarcity and inability to be inflated, calling it a "fiat currency game" and resembling a pump-and-dump scheme.