Crypto expert Peter Schiff insulted Strategy’s co-founder, after BTC price drop

 Peter Schiff taunt Michael saylor:

Bitcoin has recently fallen below $80,000, and this drop caught the attention of Peter Schiff Bitcoin analysis expert and a supporter of gold. Schiff took to social media platform X (formerly Twitter) to send a direct message to Michael Saylor, the co-founder of the company Strategy. He warned that if Bitcoin falls further, it could dip below Strategy’s average purchase price of $68,000.

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In his post, Schiff jokingly suggested that Saylor should quickly borrow money and buy more Bitcoin to stop the losses. His comment was a jab at Saylor's well-known belief in Bitcoin and Strategy’s large investments in the cryptocurrency. Schiff has long criticized Bitcoin and often uses market dips as a chance to mock those who support it heavily.

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Strategy currently holds more Bitcoin than any other company. As of April 7, 2025, the firm owns over 528,000 Bitcoins. These details come from public blockchain data tracked by SaylorTracker, a platform that monitors the company’s Bitcoin holdings. Despite the recent price drop, Saylor has not yet responded publicly to Schiff’s message.

Interestingly, Strategy recently paused its usual routine of buying more Bitcoin. This information was confirmed in a filing with the U.S. Securities and Exchange Commission (SEC) on April 7. The decision shows a noticeable change in the company’s strategy, as it had previously been very aggressive in adding to its Bitcoin holdings.

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The break in purchases came during a time of global financial uncertainty. Markets around the world have been affected by recent geopolitical tensions, and digital assets like Bitcoin have felt the impact. Strategy’s choice to hold off on buying more Bitcoin suggests it may be rethinking its approach during these unstable times.

Between March 31 and April 6, Strategy did not buy any Bitcoin at all, according to the SEC filing. This pause, along with Bitcoin’s recent price drop, raises questions about what Strategy’s next move will be. While Schiff continues to taunt Saylor online, the crypto community is watching closely to see how one of Bitcoin’s biggest supporters responds.