Schiff Slams Saylor: 'It Won't Be Long Before He's Selling at Lower Prices Again'

Bitcoin's price rebound continues as it trades near $86,745, up almost 2% in 24 hours. This recent surge has reignited an old argument between Peter Schiff and Michael Saylor, with Schiff criticizing Saylor for selling BTC at lower prices only to buy back at higher prices.

Schiff pointed out that Strategy once sold about 6,948 $BTC for close to $431.8 million in net proceeds, averaging near $62,150 per coin, and is now buying some of it back above $80,000. He concluded that it won't be long before he's selling at lower prices again.

The exchange continues a feud that stretches back years over whether Bitcoin behaves more like digital gold or a leveraged gamble. Strategy's 846,000 BTC Holdings Show Billions in Unrealized Gains, with an average cost basis of roughly $75,416 per coin and a current price reference near $86,700.

Strategy's balance sheet keeps growing even as Schiff waits for the next markdown moment. Whether the next chapter brings more accumulation or another round of selling, the coming days around Friday's options expiry and ETF flow data should offer an early signal of which side of the argument holds up.