Economist Peter Schiff questioned on Tuesday Bitcoin’s (CRYPTO: BTC) decline over the past year, despite Strategy Inc. (NASDAQ:MSTR) substantially boosting its BTC reserves during the same time.
Schiff Targets Saylor’s Strategy Again
In an X post, Schiff chose the 2025 Bitcoin Conference as the reference point. He noted that Michael Saylor’s firm increased its Bitcoin holdings from 2.76% of the total supply at that time to 3.9%—right as the key 2026 conference kicks off.
The 2025 Conference was held in Las Vegas from May 27 to May 29. At the time, Strategy held 580,250 BTC. Earlier this week, it reported its latest purchase, boosting the reserves to 818,334 BTC, suggesting a nearly 40% increase.
Moreover, BTC traded around $109,000 during the 2025 event. It has since declined by about 30%.
“A 40% increase in market share didn’t stop Bitcoin from falling by 30%. …