Peter Schiff: Strategy Will Lose Far Greater For Selling Bitcoin
Covered by 2 sources · 2 articles
2 outlets - including Bitcoin and Cryptotimes - are covering this story. Peter Schiff warned that Strategy’s new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategy’s Confirmed Bitcoin Sale Tu…
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Peter Schiff Warns Strategy’s 840K Bitcoin Holdings Could Bring ‘Much Greater’ Losses
Peter Schiff warned that Strategy’s new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategy’s Confirmed Bitcoin Sale Tu…
Peter Schiff: Strategy Will Lose Far Greater For Selling Bitcoin
Schiff argues Strategy has moved from raising capital to buy Bitcoin toward selling Bitcoin to fund dividends, debt and buybacks.