Schiff Warns Bitcoin Drop Could Trigger Strategy “Death Spiral”

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Strategy authorized a Bitcoin monetization program of up to $3.25 billion earmarked for USD cash reserves and corporate stock buybacks. Financial commentator Peter Schiff calculated that the authorized capital is equivalent to the potential sale of more than 54,000 Bitcoin units if the market price remains at $60,000.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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