Saylor Warns of Bitcoin's Biggest Threat: Itself
Michael Saylor recently declared that Bitcoin has won, but in an unexpected twist, he warned of its biggest threat coming from within.
Saylor's statement was made amidst a series of developments in the cryptocurrency space. MicroStrategy raised $544.5 million by selling MSTR shares without modifying its massive Bitcoin holdings, which now amount to over $3.225 billion.
Economist Peter Schiff issued a warning to Bitcoin investors following this move, stating that it was 'a strong warning' for those invested in the cryptocurrency.