Peter Schiff: MSTR Holdings Approaching 5% Target, but BTC Price May Fall Below $60,000
ChainCatcher news: Gold bull and well-known Bitcoin pessimist Peter Schiff pointed out in a post that Saylor previously predicted if Strategy ($MSTR) accumulated 5% of the Bitcoin supply, BTC would reach $1 million per coin. However, MSTR currently holds 3.9%; if it continues to purchase the remaining approximately 231,700 BTC and the marginal impact on price is the same as before, then the BTC price may fall below $60,000, which would be contrary to Saylor’s prediction.
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