๐จ๐ PETER SCHIFF: โIT WONโT BE LONGโ BEFORE SAYLOR SELLS BITCOIN AGAIN
Peter Schiff is once again taking aim at Michael Saylor, arguing that Strategy could end up selling Bitcoin โat lower prices again.โ
The timing makes the statement even more interesting.
Strategy just bought another 950 BTC for roughly $75.7 MILLION, taking its total holdings to 846,000 BTC.
Fortune +1
But Schiffโs argument comes from what happened earlier this year.
Strategy sold 3,588 BTC for about $216 million to fund preferred-stock dividend payments, with the sales occurring around $59,256โ$60,773 per BTC. Seoul Economic Daily
Now BTC has surged back above $86,000.
Saylor is buying again.
Schiff says another round of selling at lower prices could be coming.
One thing is certain:
Strategyโs Bitcoin treasury strategy remains one of the biggest pressure points in the crypto market.
And every buy or sell from Saylor gets watched.
#Bitcoin #BTC #MichaelSaylor #PeterSchiff #Crypto
Peter Schiff is once again taking aim at Michael Saylor, arguing that Strategy could end up selling Bitcoin โat lower prices again.โ
The timing makes the statement even more interesting.
Strategy just bought another 950 BTC for roughly $75.7 MILLION, taking its total holdings to 846,000 BTC.
Fortune +1
But Schiffโs argument comes from what happened earlier this year.
Strategy sold 3,588 BTC for about $216 million to fund preferred-stock dividend payments, with the sales occurring around $59,256โ$60,773 per BTC. Seoul Economic Daily
Now BTC has surged back above $86,000.
Saylor is buying again.
Schiff says another round of selling at lower prices could be coming.
One thing is certain:
Strategyโs Bitcoin treasury strategy remains one of the biggest pressure points in the crypto market.
And every buy or sell from Saylor gets watched.
#Bitcoin #BTC #MichaelSaylor #PeterSchiff #Crypto
