✉news BusinessCrypto first seen 10 h ago, last 2 h ago, peak #3

Peter Schiff Says MicroStrategy Lost Its Bitcoin-Buying Power

Economist and longtime Bitcoin critic Peter Schiff says MicroStrategy can no longer keep buying Bitcoin, the strategy that made the software firm the largest corporate holder of the cryptocurrency. The claim feeds a wider debate over whether the company's leveraged buying model is sustainable if capital dries up.

Why now: Schiff's remarks feed ongoing concern about MicroStrategy's ability to fund further Bitcoin purchases.

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Evidence

• Peter Schiff Says MicroStrategy Lost Its Bitcoin-Buying Power · Yahoo Finance

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