Economist and cryptocurrency critic Peter Schiff highlighted on social media that MicroStrategy's stock has plummeted over 64% from its peak in November 2024. Schiff pointed out that CEO Michael Saylor has invested $47.5 billion to acquire more than 640,000 Bitcoins at an average price of $74,000 each. Despite this significant investment, the return has been a modest 27% on paper, according to Schiff's analysis.
Peter Schiff Criticizes MicroStrategy's Bitcoin Investment Returns
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