Peter Schiff is taking a victory lap — at least for now

cryptonews05:44

Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Guavaxf3006
11:06
Guavaxf3006
Damn. If only they allowed short-selling on Blue Ocean trading. Missing the most golden of all opportunities right now on MSTR. Bitcoin is now down to $71k......

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2609316672?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-05 05:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609316672","market":"sh","top_or_hot":-1,"title":"Peter Schiff is taking a victory lap — at least for now","media":"cryptonews","content":"<div>\n<p>Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains ...</p>\n\n<a href=\"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peter Schiff is taking a victory lap — at least for now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPeter Schiff is taking a victory lap — at least for now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-05 05:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains ...</p>\n\n<a href=\"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09799","symbol_name":"南方两倍做多MSTR-U","start_time":0,"source_url":"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/","article_id":"2609316672","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2609316672","pubTimestamp":1770241445,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains accumulated just four months ago as Bitcoin fell below Strategy’s $76,037 average cost basis.Bitcoin’s February selloff pushed Strategy about $630 million underwater on its holdings, erasing roughly $47 billion in unrealized gains and giving longtime critic Peter Schiff fresh ammunition to attack the company’s Bitcoin-heavy strategy.Schiff argues Strategy’s aggressive buying helped drive Bitcoin’s rise—and that slowing purchases are now weighing on prices—while warning Bitcoin won’t bottom until the company stops buying altogether.Strategy’s Bitcoin purchases are one of the main reasons Bitcoin’s price rose 550%. But now that Strategy can’t keep buying as much, the price is falling. If Bitcoin ever bottoms, it won’t be until after Strategy sells its last satoshi.— Peter Schiff  February 4, ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","09799":"南方两倍做多MSTR-U","MSII":"REX MSTR Growth & Income ETF","3LMI.UK":"GRANITESHARES 3X LONG MSTR DAILY ETP","BK4516":"特朗普概念","MSTK":"Tuttle Capital MSTR 0DTE Covered Call ETF","MSDD":"2倍做空MSTR ETF-GraniteShares","LMI3.UK":"GRANITESHARES 3X LONG MSTR DAILY ETP","MSTP":"2倍做多MSTR ETF-GraniteShares","SMST":"2倍做空MSTR ETF-Defiance","BK4596":"哈里斯概念","MSOO":"2倍上限加速MSTR ETF-Leverage Shares","BK4600":"加密货币概念","BK4588":"碎股","BK4594":"比特币ETF概念","APED":"STKd 100% MSTR & 100% COIN ETF","BITX":"2倍比特币期货ETF-Volatility Shares","MTYY":"GraniteShares YieldBOOST MSTR ETF","BK4601":"加密货币现货ETF","BK4595":"比特币概念","09399":"南方两倍做空MSTR-U","MSTY.UK":"YIELDMAX MSTR OPTION INCOME STRATEGY ETC","MSTW":"Roundhill MSTR WeeklyPay ETF","MSTX":"2倍做多MSTR ETF-Defiance","BK4023":"应用软件","MSTY":"MSTR期权收益策略ETF-YieldMax","MSTR":"Strategy","07399":"南方两倍做空MSTR","BTC":"Grayscale Bitcoin Mini Trust","MSST":"YieldMax MSTR Performance & Distribution Target 25 ETF","MSTZ":"2倍做空MSTR ETF-T-Rex","WNTR":"做空MSTR期权收益策略ETF-YieldMax","BK4585":"ETF&股票定投概念","3SMI.UK":"GRANITESHARES 3X SHORT MSTR DAILY ETP","MST":"做多杠杆+收益MSTR ETF-Defiance","IMST":"MSTR期权收益策略ETF-Bitwise","BITO":"比特币期货ETF-ProShares","SMI3.UK":"GRANITESHARES 3X SHORT MSTR DAILY ETP","BK1611":"加密货币现货ETF","07799":"南方两倍做多MSTR"},"translate_title":"彼得·希夫正在取得胜利——至少目前是这样","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"BITO":0.6,"MSTY.UK":0.6,"MSTZ":0.6,"MSTK":0.6,"SMI3.UK":0.6,"LMI3.UK":0.6,"3SMI.UK":0.6,"MSOO":0.6,"MSTW":0.6,"MSTP":0.6,"MTYY":0.6,"3LMI.UK":0.6,"MSTX":0.6,"09799":0.6,"MST":0.6,"WNTR":0.6,"MSDD":0.6,"MSII":0.6,"07399":0.6,"BTC":0.6,"09399":0.6,"APED":0.6,"IMST":0.6,"MSTY":0.6,"SMST":0.6,"BITX":0.6,"MSST":0.6,"MSTR":1.97,"07799":0.6},"content_text":"Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains accumulated just four months ago as Bitcoin fell below Strategy’s $76,037 average cost basis.\n\n\nSummary\n\n\n\nBitcoin’s February selloff pushed Strategy about $630 million underwater on its holdings, erasing roughly $47 billion in unrealized gains and giving longtime critic Peter Schiff fresh ammunition to attack the company’s Bitcoin-heavy strategy.\nSchiff argues Strategy’s aggressive buying helped drive Bitcoin’s rise—and that slowing purchases are now weighing on prices—while warning Bitcoin won’t bottom until the company stops buying altogether.\nMichael Saylor remains defiant, saying Strategy broadens Bitcoin access for tens of millions of investors and arguing corporate participation is essential to driving Bitcoin toward much higher long-term valuations.\n\n\n\nBitcoin dropped about 15% in the first four days of February, pushing Strategy’s position into the red for the first time since Michael Saylor began accumulating the cryptocurrency in August 2020. While Bitcoin remains up roughly 550% since that first purchase, the recent slide has exposed Strategy’s heavy buying near the October peak.\nSchiff, a vocal gold advocate and longtime crypto critic, argued that Strategy’s aggressive accumulation helped fuel Bitcoin’s meteoric rise — and that the unwind has now begun. “If Bitcoin ever bottoms, it won’t be until after Strategy sells its last satoshi,” Schiff wrote on X, suggesting the company’s reduced buying power is now dragging prices lower.\n\nStrategy’s Bitcoin purchases are one of the main reasons Bitcoin’s price rose 550%. But now that Strategy can’t keep buying as much, the price is falling. If Bitcoin ever bottoms, it won’t be until after Strategy sells its last satoshi.— Peter Schiff (@PeterSchiff) February 4, 2026\n\nThe criticism cuts at a sensitive point. Strategy’s model depends on keeping Bitcoin prices high enough to issue stock above net asset value, raising capital to buy even more Bitcoin. A prolonged dip below its cost basis complicates that playbook.\nStill, Saylor remains defiant. As prices slid, he doubled down on social media, posting: “The Rules of Bitcoin: 1. Buy Bitcoin 2. Don’t Sell the Bitcoin.”\n\nThe Rules of Bitcoin 1. Buy Bitcoin 2. Don't Sell the Bitcoin— Michael Saylor (@saylor) February 3, 2026\n\nSpeaking at the Bitcoin MENA conference in December, Saylor framed Strategy not as a concentrated risk, but as a gateway for mass adoption. He said roughly 15 million beneficiaries now hold exposure to Bitcoin through Strategy securities via pension funds, insurance companies, sovereign wealth funds, and retail accounts — including 15% of Strategy shares held in Charles Schwab retail accounts alone.\nStrategy claims it has already provided Bitcoin exposure to around 50 million people, with expectations to reach 100 million over time. Saylor also argued that the company’s actions added $1.8 trillion to Bitcoin’s market value, with the bulk of gains flowing to holders outside corporate and institutional ownership.\nAddressing concerns that Strategy controls about 3% of Bitcoin’s total supply, Saylor dismissed concentration risk, saying ownership is effectively distributed across millions of investors. He has gone further, suggesting that at higher ownership levels — and much higher Bitcoin prices — trillions in value would transfer to non-corporate holders globally.\nSaylor’s core argument remains unchanged: corporate participation is essential to Bitcoin’s long-term ascent. Without it, he contends, Bitcoin would languish near $10,000 with a far smaller network. With it, he believes the path leads to trillion- and even hundred-trillion-dollar valuations.\nFor now, Schiff is enjoying the downturn. Whether it’s a temporary drawdown or a crack in Strategy’s Bitcoin-first strategy is the question markets are wrestling with next.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":529361436857544,"gmtCreate":1770260814241,"gmtModify":1770261168586,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf3006","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"Damn. If only they allowed short-selling on Blue Ocean trading. Missing the most golden of all opportunities right now on MSTR. Bitcoin is now down to $71k......","listText":"Damn. If only they allowed short-selling on Blue Ocean trading. Missing the most golden of all opportunities right now on MSTR. Bitcoin is now down to $71k......","text":"Damn. If only they allowed short-selling on Blue Ocean trading. Missing the most golden of all opportunities right now on MSTR. Bitcoin is now down to $71k......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/529361436857544","repostId":2609316672,"repostType":2,"repost":{"id":"2609316672","kind":"highlight","pubTimestamp":1770241445,"share":"https://ttm.financial/m/news/2609316672?lang=en_US&edition=fundamental","pubTime":"2026-02-05 05:44","market":"sh","language":"en","title":"Peter Schiff is taking a victory lap — at least for now","url":"https://stock-news.laohu8.com/highlight/detail?id=2609316672","media":"cryptonews","summary":"Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains accumulated just four months ago as Bitcoin fell below Strategy’s $76,037 average cost basis.Bitcoin’s February selloff pushed Strategy about $630 million underwater on its holdings, erasing roughly $47 billion in unrealized gains and giving longtime critic Peter Schiff fresh ammunition to attack the company’s Bitcoin-heavy strategy.Schiff argues Strategy’s aggressive buying helped drive Bitcoin’s rise—and that slowing purchases are now weighing on prices—while warning Bitcoin won’t bottom until the company stops buying altogether.Strategy’s Bitcoin purchases are one of the main reasons Bitcoin’s price rose 550%. But now that Strategy can’t keep buying as much, the price is falling. If Bitcoin ever bottoms, it won’t be until after Strategy sells its last satoshi.— Peter Schiff  February 4, ","content":"<div>\n<p>Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains ...</p>\n\n<a href=\"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peter Schiff is taking a victory lap — at least for now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPeter Schiff is taking a victory lap — at least for now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-05 05:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains ...</p>\n\n<a href=\"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"83042":"华夏比特币-R","09799":"南方两倍做多MSTR-U","MSII":"REX MSTR Growth & Income ETF","3LMI.UK":"GRANITESHARES 3X LONG MSTR DAILY ETP","BK4516":"特朗普概念","MSTK":"Tuttle Capital MSTR 0DTE Covered Call ETF","MSDD":"2倍做空MSTR ETF-GraniteShares","LMI3.UK":"GRANITESHARES 3X LONG MSTR DAILY ETP","MSTP":"2倍做多MSTR ETF-GraniteShares","SMST":"2倍做空MSTR ETF-Defiance","BK4596":"哈里斯概念","MSOO":"2倍上限加速MSTR ETF-Leverage Shares","BK4600":"加密货币概念","BK4588":"碎股","BK4594":"比特币ETF概念","APED":"STKd 100% MSTR & 100% COIN ETF","BITX":"2倍比特币期货ETF-Volatility Shares","MTYY":"GraniteShares YieldBOOST MSTR ETF","BK4601":"加密货币现货ETF","BK4595":"比特币概念","09399":"南方两倍做空MSTR-U","MSTY.UK":"YIELDMAX MSTR OPTION INCOME STRATEGY ETC","MSTW":"Roundhill MSTR WeeklyPay ETF","MSTX":"2倍做多MSTR ETF-Defiance","BK4023":"应用软件","MSTY":"MSTR期权收益策略ETF-YieldMax","MSTR":"Strategy","07399":"南方两倍做空MSTR","BTC":"Grayscale Bitcoin Mini Trust","MSST":"YieldMax MSTR Performance & Distribution Target 25 ETF","MSTZ":"2倍做空MSTR ETF-T-Rex","WNTR":"做空MSTR期权收益策略ETF-YieldMax","BK4585":"ETF&股票定投概念","3SMI.UK":"GRANITESHARES 3X SHORT MSTR DAILY ETP","MST":"做多杠杆+收益MSTR ETF-Defiance","IMST":"MSTR期权收益策略ETF-Bitwise","BITO":"比特币期货ETF-ProShares","SMI3.UK":"GRANITESHARES 3X SHORT MSTR DAILY ETP","BK1611":"加密货币现货ETF","07799":"南方两倍做多MSTR"},"source_url":"https://crypto.news/peter-schiff-is-taking-a-victory-lap-at-least-for-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2609316672","content_text":"Peter Schiff, a longtime Bitcoin skeptic, piled on Strategy this week after the company slipped roughly $630 million underwater on its Bitcoin holdings, erasing about $47 billion in unrealized gains accumulated just four months ago as Bitcoin fell below Strategy’s $76,037 average cost basis.\n\n\nSummary\n\n\n\nBitcoin’s February selloff pushed Strategy about $630 million underwater on its holdings, erasing roughly $47 billion in unrealized gains and giving longtime critic Peter Schiff fresh ammunition to attack the company’s Bitcoin-heavy strategy.\nSchiff argues Strategy’s aggressive buying helped drive Bitcoin’s rise—and that slowing purchases are now weighing on prices—while warning Bitcoin won’t bottom until the company stops buying altogether.\nMichael Saylor remains defiant, saying Strategy broadens Bitcoin access for tens of millions of investors and arguing corporate participation is essential to driving Bitcoin toward much higher long-term valuations.\n\n\n\nBitcoin dropped about 15% in the first four days of February, pushing Strategy’s position into the red for the first time since Michael Saylor began accumulating the cryptocurrency in August 2020. While Bitcoin remains up roughly 550% since that first purchase, the recent slide has exposed Strategy’s heavy buying near the October peak.\nSchiff, a vocal gold advocate and longtime crypto critic, argued that Strategy’s aggressive accumulation helped fuel Bitcoin’s meteoric rise — and that the unwind has now begun. “If Bitcoin ever bottoms, it won’t be until after Strategy sells its last satoshi,” Schiff wrote on X, suggesting the company’s reduced buying power is now dragging prices lower.\n\nStrategy’s Bitcoin purchases are one of the main reasons Bitcoin’s price rose 550%. But now that Strategy can’t keep buying as much, the price is falling. If Bitcoin ever bottoms, it won’t be until after Strategy sells its last satoshi.— Peter Schiff (@PeterSchiff) February 4, 2026\n\nThe criticism cuts at a sensitive point. Strategy’s model depends on keeping Bitcoin prices high enough to issue stock above net asset value, raising capital to buy even more Bitcoin. A prolonged dip below its cost basis complicates that playbook.\nStill, Saylor remains defiant. As prices slid, he doubled down on social media, posting: “The Rules of Bitcoin: 1. Buy Bitcoin 2. Don’t Sell the Bitcoin.”\n\nThe Rules of Bitcoin 1. Buy Bitcoin 2. Don't Sell the Bitcoin— Michael Saylor (@saylor) February 3, 2026\n\nSpeaking at the Bitcoin MENA conference in December, Saylor framed Strategy not as a concentrated risk, but as a gateway for mass adoption. He said roughly 15 million beneficiaries now hold exposure to Bitcoin through Strategy securities via pension funds, insurance companies, sovereign wealth funds, and retail accounts — including 15% of Strategy shares held in Charles Schwab retail accounts alone.\nStrategy claims it has already provided Bitcoin exposure to around 50 million people, with expectations to reach 100 million over time. Saylor also argued that the company’s actions added $1.8 trillion to Bitcoin’s market value, with the bulk of gains flowing to holders outside corporate and institutional ownership.\nAddressing concerns that Strategy controls about 3% of Bitcoin’s total supply, Saylor dismissed concentration risk, saying ownership is effectively distributed across millions of investors. He has gone further, suggesting that at higher ownership levels — and much higher Bitcoin prices — trillions in value would transfer to non-corporate holders globally.\nSaylor’s core argument remains unchanged: corporate participation is essential to Bitcoin’s long-term ascent. Without it, he contends, Bitcoin would languish near $10,000 with a far smaller network. With it, he believes the path leads to trillion- and even hundred-trillion-dollar valuations.\nFor now, Schiff is enjoying the downturn. Whether it’s a temporary drawdown or a crack in Strategy’s Bitcoin-first strategy is the question markets are wrestling with next.","news_type":1,"symbols_score_info":{"83042":0.6,"BITO":0.6,"MSTY.UK":0.6,"MSTZ":0.6,"MSTK":0.6,"SMI3.UK":0.6,"LMI3.UK":0.6,"3SMI.UK":0.6,"MSOO":0.6,"MSTW":0.6,"MSTP":0.6,"MTYY":0.6,"3LMI.UK":0.6,"MSTX":0.6,"09799":0.6,"MST":0.6,"WNTR":0.6,"MSDD":0.6,"MSII":0.6,"07399":0.6,"BTC":0.6,"09399":0.6,"APED":0.6,"IMST":0.6,"MSTY":0.6,"SMST":0.6,"BITX":0.6,"MSST":0.6,"MSTR":1.97,"07799":0.6}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2609316672","isCrawlerRequest":true}