Schiff v. MicroStrategy: Crypto hater grills Michael Saylor with tricky question microstrategy mstr peterschiff bitcoin btc btcusdt bitcoinnews $btc
stash to an impressive 152,800 BTC. The company's CEO, Michael Saylor, disclosed that they had acquired the digital assets for a total cost of $4.53 billion, averaging $29,672 per Bitcoin.
However, it seems Schiff could not resist poking fun at Saylor's investment strategy. Seizing the opportunity to question the move, the expert confronted the MicroStrategy CEO, stating that the latest purchase had already resulted in a 5% loss. He further inquired about the total losses that the company's shareholders had incurred since the company first ventured into the world of cryptocurrencies.So you're already down 5% on that new $14.4 buy.
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