Schiff Links Bitcoin Rally to Strategy's Acquisition and Saylor's Self-Serving Commentary

Economist Peter Schiff has linked Bitcoin's recent price spike to Strategy Inc.'s acquisition of 950 BTC for $75.7 million, as well as Michael Saylor's bullish commentary on the failure of the CLARITY Act.

Schiff described Saylor's remarks as 'self-serving,' suggesting that he would have made the same comments had the Act been passed into law.

Schiff also criticized Strategy Inc. for its practice of selling Bitcoin at lower prices and later acquiring it at higher prices, predicting that Saylor will be 'selling at lower prices again' soon.