Bitcoin News
By Maheen Hernandez
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Michael Saylor’s relentless accumulation of Bitcoin continues to grab headlines, but not everyone is cheering.
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With this latest buy, Strategy now holds a staggering 568,840 BTC, acquired at a total cost of approximately $39.41 billion.
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Schiff, known for his unwavering skepticism of Bitcoin, isn’t just making a philosophical argument this time. He’s pointing to a concrete financial risk.
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The bigger concern lies with what could happen to Strategy's own stock, MSTR, if Bitcoin turns south. The company is currently trading at $413.
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The dynamic creates a potentially dangerous feedback loop. A decline in Bitcoin’s value could lead to a decline in Strategy’s stock price, which in turn reduces the collateral…
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While Saylor has remained firm in his “buy and hold forever” philosophy, Schiff argues that this unwavering conviction becomes more of a liability the higher the company’s cost…
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Saylor’s confidence in Bitcoin has been unmatched. He’s built Strategy into one of the world’s largest corporate holders of BTC, transforming it from a software company into a de…
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Even as Schiff’s comments draw criticism from Bitcoin supporters, the concerns he raises resonate with investors worried about mounting leverage and market unpredictability.
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For now, Strategy insists it has no plans to sell. But as the company increases its exposure, the stakes only grow higher.
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