Peter Schiff Says Michael Saylor-Led Strategy 'Would Have Been Better Off' Buying Anything Other Than Bitcoin' - Coinbase Global (NASDAQ:COIN)

Economist Peter Schiff slammed Strategy Inc.’s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) investment approach on Thursday, arguing that the company would have been better placed had it chosen any other asset.Schiff Sees Problems For StrategyIn an X post, Schiff pointed out that despite spending over $48 billion on Bitcoin in the past five years, the company’s total paper profits are less than 17%. Schiff also took a swipe at Strategy co-founder Michael Saylor, stating, “Had Saylor bought just about any other asset ...