Peter Schiff: Strategy's bitcoin buying strategy has destroyed shareholder value
Foresight News reported that gold advocate and economist Peter Schiff tweeted, "Strategy does not exist in the S&P 500 index. But if it did, its 47.5% decline in 2025 would make it the sixth worst-performing stock in the index. Michael Saylor claims the company's best option is to buy bitcoin, and that's exactly what he did. This strategy has completely destroyed shareholder value."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WTI drops to near $92.50 on potential US-Iran deal
Costco (COST.US) Q4 revenue and profit surpass expectations, paid membership growth falls short of forecasts
Costco (COST.US) announced its financial results for the fourth quarter of fiscal year 2026, ending on August 30.
S&P 500's Recent Flat Close Hides a Brutal Split Underneath
As Yields Break Records, Tom Lee Sees an Upside, But Only for the Strongest
Crypto prices
More
