Highlights
Peter Schiff has once again taken aim at Bitcoin (BTC) and its biggest corporate supporter, Strategy. In a recent post on X, formerly known as Twitter, the economist warned that the “biggest regret Strategy shareholders will have is not selling.”
Schiff, a longtime critic of Bitcoin, suggests that Strategy’s aggressive BTC buying could backfire. According to Schiff’s statement, the value of BTC will not hold up in the long run. He believes the price will collapse, taking Strategy’s stock down with it.
His warning comes at a time when Bitcoin price remains volatile. Strategy’s stock has often moved in sync with BTC price. When BTC goes up, Strategy shares tend to rise.
But the opposite is also true. This makes the company a high-risk bet for investors. Schiff believes most shareholders don’t understand that risk fully.
In his post, Schiff didn’t mention Saylor by name, but the message was clear. He sees Strategy’s BTC strategy as reckless and dangerous.
This is not the first time Peter Schiff has warned investors about BTC. He has compared it to a bubble many times. He often says it has no intrinsic value and will eventually go to zero.
Despite his warnings, BTC has rebounded several times over the years. Schiff’s latest warning may not change minds. But it adds to the ongoing debate about corporate Bitcoin strategies.
Meanwhile, Michael Saylor has once again made his stance unmistakably clear: “Our business is 100% Bitcoin. Forever.” The comment, posted with a video clip from a recent interview, reinforces what Saylor and his company, Strategy, have stood for all along.
In the interview, Saylor explained that their corporate strategy isn’t just focused on this crypto asset, it is BTC. He called it their “hurdle rate,” the single benchmark against which all else is measured.
By choosing BTC alone, Strategy avoids the complications of managing or disclosing multiple assets. Saylor said investing in other assets would dilute their mission and make the company harder to understand. He stressed that their investors want clarity, not complexity.
Saylor emphasized transparency as one of the company’s core values. Anyone can evaluate their strategy and choose a position.
According to him, Strategy is not just holding Bitcoin. They’re building around it. Their equity, bonds, and preferred stock are backed by over $65 billion in BTC. Their credit products are designed to smooth out the coin’s volatility while still delivering performance.
Saylor also said they’re creating a long-term platform that investors can rely on for decades. To Saylor, the leading cryptocurrency is not just a financial asset, it’s a principle.
In his words, they are Switzerland in the crypto space: neutral, consistent, and reliable.
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