October 16, 2026

Crypto Critic Claims MicroStrategy Buys BTC to Avoid Liquidating

Crypto Critic Claims MicroStrategy Buys BTC to Avoid Liquidating
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Peter Schiff’s hatred for Bitcoin (BTC) is causing him to bad-mouth major Web3 firms for their decision to buy cryptocurrency. Schiff, a renowned economist, claimed that the chairman of Microstrategy, Michael Saylor, admitted that investing in BTC was a desperate decision to save the company from liquidation.

However, Schiff did not provide a source to substantiate his claim, and neither did Saylor replied his allegation.

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