MicroStrategy has expanded its Bitcoin holdings by purchasing an additional 196 BTC for $22.1 million. This acquisition brings the company's total Bitcoin reserves to over 640,000 BTC, reinforcing its position as one of the largest corporate holders of the cryptocurrency. Meanwhile, Peter Schiff has criticized Michael Saylor's Bitcoin strategy, suggesting that gold offers greater liquidity for large holders due to its market depth. In other developments, new stablecoin issuers are emerging as potential competitors to Tether and Circle by offering users direct yield from U.S. Treasuries.