Just 16% Profit? Peter Schiff Challenges Strategy’s Billion-Dollar Bitcoin Bet

Core Insights - Strategy, led by Michael Saylor, continues to accumulate Bitcoin, solidifying its position among public companies holding BTC [1] - Strategy's total Bitcoin holdings have reached 672,497 BTC, valued at approximately $50.44 billion, with an average acquisition cost of $74,997 per Bitcoin [2] - Peter Schiff critiques Strategy's returns, arguing that a 16% profit over five years equates to an average annual return of just over 3%, which he considers disappointing compared to traditional assets [3] Group 1 - Strategy purchased an additional 1,229 BTC for about $108.8 million at an average price of $88,568 per coin [2] - The company reports a BTC yield of 23.2% YTD 2025, with an unrealized profit of $8.31 billion [2] - Schiff's skepticism highlights the debate over the efficiency of Bitcoin as an investment compared to other asset classes [3] Group 2 - The accumulation of Bitcoin by Strategy reflects a broader trend of institutional investment in the crypto market [4] - MicroStrategy's long-term buy-and-hold strategy indicates confidence in Bitcoin as a store of value, despite discussions on opportunity cost [5]