Michael Saylor’s Bitcoin strategy made headlines but as soon as more after a instrument producer published that it bought 3,081 BTC for around $357 million at a mean label of $115,829. The company now has 632,457 BTC, worth over $71 billion, with a mean entry of $73,527.
Per the numbers, Strategy is aloof up more than 52% no subject the latest market usaand downs.
Before the announcement, Saylor had acknowledged that Bitcoin changed into as soon as on sale, however it’s all relaxing till Peter Schiff steps into the Bitcoin debate.
Buy Bitcoin? It’ll be a just correct conception, however in accordance with Schiff the valid alternative is no longer going to approach till firms savor Strategy poke bust. For him, the single intelligent entry point would be when firms which would per chance presumably be closely invested in Bitcoin must sell a range of their holdings, which would per chance presumably be savor a fireplace sale.
Says the man who leveraged as a lot as transfer all-in on Bitcoin. if you happen to in fact are wanting to accumulate Bitcoin, wait till the Strategy going out of commerce sale.
— Peter Schiff (@PeterSchiff) August 24, 2025
That critique is in accordance to a rising order about how firms are going by their “Bitcoin treasuries.”
Risks of Bitcoin treasury firms
The mannequin in most cases involves issuing inventory at premiums, channeling the proceeds into Bitcoin, and searching at valuations upward push in a concepts loop. It in fact works whereas the pinnacle class is shining, however as soon because it fades, capital inflows live and the setup starts to undercover agent savor a margin commerce with no room for error.
For now, Strategy is aloof the astronomical name in this enviornment. The company’s market cap is currently at $99 billion, with an venture worth of virtually $113 billion, and its Bitcoin holdings account for nearly three-quarters of that whole.
Even so, Schiff’s point is aloof inserting in there: that the supreme time to accumulate Bitcoin is perhaps no longer when Saylor talks about however when the gadget that supports company treasuries built on BTC finally breaks down.
