Gold advocate Peter Schiff says Saylor's Bitcoin strategy will fail by 2026.
Gold advocate Peter Schiff stated that 2026 was a disappointing year for Michael Saylor's Bitcoin buying strategy, according to Strategy's own data metrics. Schiff pointed out that Strategy's year-to-date Bitcoin return was -3.7%, meaning that despite the company's continuous accumulation of Bitcoin, the number of Bitcoins per share did not grow. As of October 11, Strategy held a total of 848,250 Bitcoins at a total cost of approximately $64 billion, with an average cost of $75,444 per Bitcoin. The company recently purchased 250 Bitcoins at an average price of $86,194.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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