This paper studies the impact of the multiple interferers with different power on performance of a scheduled space–time block coding (STBC) using the statistical channel state information (CSI) in cognitive radio-multiple input multiple output (CR-MIMO) systems. This paper derives the exact closed-form cumulative density function (CDF) expression of the instantaneous post-processing signal to noise plus interference ratio (SINR) random variable at the user terminal of the proposed system. Using the derived CDF, the exact closed-form symbol error rate (SER) expression of the proposed system is derived for M-ary quadrature amplitude modulations (QAM). Further, this paper derives the exact closed-form expressions of outage probability and capacity for the proposed system. From the results, we know that the performance of the proposed system is saturated at different peak power constraint depending on the peak interference constraint. Also, the performance floor gets better by multi-user diversity and receive spatial diversity below the peak interference constraint in the presence of multiple interferers.