April 16, 2025

Peter Schiff criticizes MicroStrategy’s Bitcoin strategy

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Peter Schiff, an ardent critic of Bitcoin, recently took a swipe at the digital currency again, this time at MicroStrategy’s continued purchase of Bitcoin. Schiff criticized MicroStrategy’s bold $42 billion plan to buy Bitcoin within three years. On November 27, 2024, Schiff dismissed the firm’s approach as a dangerous bet.“At this rate, the three-year plan

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