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Bitcoin falls 30% despite Strategy Inc. boosting BTC holdings by 40%

Market News
29 Apr 2026
Benzinga
View Source
Bearish
pluang ai news

Economist Peter Schiff questioned why Bitcoin's price dropped about 30% since the 2025 Bitcoin Conference, despite Strategy Inc. increasing its Bitcoin holdings by nearly 40% during the same period. Strategy, led by Michael Saylor, raised its BTC reserves from 580,250 to 818,334, now holding about 3.9% of total supply. Schiff doubts that even if Strategy reaches 5% ownership, Bitcoin's price will stop falling. Meanwhile, Bitcoiners defended Saylor's strategy, and Strategy's stock trades at a discount to its Bitcoin holdings, with profitability dependent on Bitcoin maintaining or increasing its price above $75,000.

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