Peter Schiff Warns Michael Saylor May Be Forced to Sell Bitcoin if MSTR Weakens Further

Peter Schiff, a long-time Bitcoin critic, warned on X that sustained short-selling pressure on Strategy’s (MSTR) stock could put Michael Saylor in a difficult position.

Schiff argued that if MSTR shares decline significantly, Saylor may be forced to consider selling a portion of the company’s Bitcoin holdings to fund stock buybacks. While he said such a move could help narrow the stock’s valuation discount, he cautioned that it might not support the share price, as selling Bitcoin could also trigger a decline in the cryptocurrency’s value.

Source: Peter Schiff