In 2026, Peter Schiff criticized Michael Saylor's Bitcoin buying strategy, highlighting that the Bitcoin yield for Saylor's company is negative 3.7% year-to-date. This means despite accumulating more Bitcoin, the Bitcoin per share has actually decreased, signaling no growth according to their own metrics. Schiff's critique comes after Saylor announced another purchase of 250 BTC and a $192 million share repurchase, with total Bitcoin holdings reaching 848,250 BTC. Schiff also questioned the recent Bitcoin rally and suggested that blockchain-based securities of dividend-paying companies might be a better investment alternative.
Peter Schiff's critique of Michael Saylor's Bitcoin strategy provides context for cryptocurrency market activity on Pluang. As of Oct 13, 2026 00:41 WIB, 10 out of 50 major cryptocurrencies rose while 39 fell. Notable price changes include SXP down 46.27%, BAL up 11.14%, and ATOM down 8.31% with an 84% sell order activity on Pluang.
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