Bitcoin Investors “Complacent,” Schiff Says as MSTR Extends Losses

Peter Schiff said on X that Bitcoin investors are showing “complacency,” a term he used to describe excessive confidence or a lack of concern despite growing signs of risk and market pressure. His remarks come as he points to continued weakness in major corporate exposure to Bitcoin.

In particular, he highlighted Strategy (MSTR), one of the largest corporate holders of Bitcoin, noting that its stock has fallen about 80% from its peak and slipped a further 20% over the past five days. He also added that the company’s STRC preferred shares have dropped nearly 13%, with a reported yield of around 13.2%, underscoring the broader pressure he is referencing.

Source: Peter Schiff