“Worst Way to Bet on Bitcoin”: Peter Schiff Slams MSTR Exposure

Peter Schiff raised concerns in a recent post on X about Strategy’s latest Bitcoin purchase.

He claimed the company is already down by more than $6 million on its newly acquired 1,550 Bitcoin. He also argued that the deal reduced Bitcoin per share, describing it as a negative Bitcoin yield that, in his view, hurt shareholder value.

Building on that point, Schiff added that even for investors bullish on Bitcoin, holding MSTR may not be an effective way to gain exposure to the cryptocurrency.

Source: Peter Schiff