Bitcoin Rally Lifts MSTR, Schiff Warns of 'Death Spiral'

MSTR shares surged to $137.40 as Bitcoin's price climbed above $80,000, but Peter Schiff still warned of a 'death spiral'.

Schiff suggested that short-covering might be contributing to the stock rally, rather than genuine demand, and reiterated his long-held view on Strategy's capital structure.

Michael Saylor countered with an AI-generated video of himself riding a bull, captioned 'Ride the ₿ull', reflecting their differing views on the company's reliance on Bitcoin.