Bitcoin Bounce Lifts MSTR to $137.40 Amidst Schiff's Short-Covering Claims
Strategy's stock price surged to $137.40 on Thursday as Bitcoin rebounded above $80,000.
Peter Schiff argued that short-covering may be behind some of the rally, but maintained his 'death spiral' thesis.
Micahel Saylor responded with a bullish AI-generated video, saying 'Ride the ₿ull.'
Schiff questioned whether the move reflected lasting demand or was driven by short sellers closing positions.