Schiff Warns of Bitcoin Firm Collapse Amid Market Rebound

Economist Peter Schiff has warned that companies holding significant amounts of Bitcoin, such as MicroStrategy, could face collapse and asset liquidation. He argues these firms have built their business models around Bitcoin and are vulnerable to increased pressures. Schiff emphasizes the risks associated with leveraged Bitcoin positions like those held by MSTR, which he believes should not be included in major stock indices.