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Peter Schiff Says Strategy Is No Longer a Leveraged Bitcoin Bet, Warns MSTR Shareholders of Infinite Dilution

Peter Schiff warns Strategy’s financing model is eroding MSTR’s appeal as a leveraged bitcoin investment, arguing ongoing share issuance will dilute bitcoin exposure for common shareholders while benefiting creditors and…

Continue ReadingPeter Schiff Says Strategy Is No Longer a Leveraged Bitcoin Bet, Warns MSTR Shareholders of Infinite Dilution

Peter Schiff: Bitcoin Holders Will Soon Regret Not Selling at Current Levels

Peter Schiff renewed his long-running criticism of Bitcoin (BTC) on the July 15 episode of “The Peter Schiff Show,” arguing that investors who hold the asset near its current price…

Continue ReadingPeter Schiff: Bitcoin Holders Will Soon Regret Not Selling at Current Levels

Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke

Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken…

Continue ReadingPeter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke

Peter Schiff Warns Strategy’s 840K Bitcoin Holdings Could Bring ‘Much Greater’ Losses

Peter Schiff warned that Strategy’s new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization…

Continue ReadingPeter Schiff Warns Strategy’s 840K Bitcoin Holdings Could Bring ‘Much Greater’ Losses

Saylor Takes ‘Digital Credit’ Pitch to Goldman Sachs as Strategy’s Bitcoin-Backed Lending Tops $11 Billion

Michael Saylor used a Goldman Sachs digital-assets conference in London to argue that bitcoin’s next phase is “digital credit,” a market he says has swelled past $11 billion in a…

Continue ReadingSaylor Takes ‘Digital Credit’ Pitch to Goldman Sachs as Strategy’s Bitcoin-Backed Lending Tops $11 Billion