Peter Schiff Warns of Potential Bitcoin Losses for Saylor’s Strategy

Michael Saylor, CEO of publicly traded company Strategy (MSTR), has made a significant Bitcoin (BTC) investment this week, adding another $1.34 billion to his holdings, bringing the total BTC to 568,840 coins worth roughly $39.41 billion. The move follows a familiar strategy – buy more, hold longer. However, renowned cryptocurrency critic Peter Schiff disagrees with Saylor’s logic, highlighting potential risks if Bitcoin prices decline.