--- title: "Peter Schiff Mocks Michael Saylor's Bitcoin Call: Gold Bug Predicts MSTR Demise As CEO Says 'Bitcoin Is On Sale'" description: "Gold advocate Peter Schiff mocked MicroStrategy CEO Michael Saylor's bullish Bitcoin comments, predicting the company's demise. Saylor claimed Bitcoin is \"on sale\" after a market crash, while Schiff s" type: "news" locale: "en" url: "https://longbridge.com/en/news/254395438.md" published_at: "2025-08-25T08:32:25.000Z" --- # Peter Schiff Mocks Michael Saylor's Bitcoin Call: Gold Bug Predicts MSTR Demise As CEO Says 'Bitcoin Is On Sale' > Gold advocate Peter Schiff mocked MicroStrategy CEO Michael Saylor's bullish Bitcoin comments, predicting the company's demise. Saylor claimed Bitcoin is "on sale" after a market crash, while Schiff suggested waiting for a "going out of business sale" to buy Bitcoin. MicroStrategy continues to accumulate Bitcoin, holding 629,376 BTC valued at $46.15 billion. The broader crypto market fell 2.14%, with Bitcoin trading around $112,839. MSTR's stock rose 6.09% on Friday, but its short-term price trend is weaker despite strong long-term performance. Gold advocate and prominent **Bitcoin** BTC/USD critic **Peter Schiff** publicly mocked **Strategy Inc.** MSTR, formerly MicroStrategy’s CEO **Michael Saylor**, on Monday, predicting the software company's demise in response to Saylor's bullish tweet about the cryptocurrency. Check out MSTR’s stock price over here. ## **Wait For MSTR To Go Out Of Business** As Saylor declared that “bitcoin is on sale,” Schiff retorted that prospective buyers should wait for the “Strategy going out of business sale” to purchase the digital asset. MSTR CEO’s comment about Bitcoin being “on sale” follows a weekend of intense market volatility. On Sunday, the price of Bitcoin experienced a flash crash, tumbling from over $114,000 to $110,000 in minutes. The sudden plunge was reportedly triggered by a single whale liquidating 24,000 BTC, which led to over $562 million in liquidations across the market in just 12 hours. ## **MSTR’s BTC Holdings** The sharp exchange comes as Strategy continues its aggressive accumulation strategy for Bitcoin. According to an Aug. 18 filing, the company purchased an additional 430 BTC for approximately $51.4 million between Aug. 11 and Aug. 17, 2025. This latest acquisition, made at an average price of $119,666 per coin, brought MicroStrategy's total holdings to 629,376 BTC. The total aggregate purchase price for its holdings stands at $46.15 billion, with an average purchase price of $73,320. ## **BTC Sell-Off Drags Crypto Market** The sell-off dragged down the broader crypto market, with the global market capitalization falling 2.14% to $3.92 trillion. As of Monday morning, Bitcoin was trading at approximately $112,839, down over 2% in 24 hours and struggling to reclaim the key $114,600 support level that analysts see as critical for its next move. ## **Price Action** MSTR ended 6.09% higher on Friday. It was up 19.37% year-to-date and 143.79% over the last year. **Benzinga’s Edge Stock Rankings** indicate that MSTR maintains a stronger price trend in the long term but a weaker price trend over the short and medium terms. However, the stock scores poorly on value rankings. Additional performance details are available here. The **SPDR S&P 500 ETF Trust** SPY and **Invesco QQQ Trust ETF** QQQ, which track the S&P 500 index and Nasdaq 100 index, respectively, rose on Friday. The SPY was up 1.54% at $645.31, while the QQQ also advanced 1.54% to $571.97, according to Benzinga Pro data. On Monday, the futures of the S&P 500, Dow Jones, and Nasdaq 100 indices were trading lower. - **As Crypto's Power Grows, Wall Street Braces For a Washington Showdown** ***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo courtesy: Shutterstock* ### Related Stocks - [MSTR.US - Strategy](https://longbridge.com/en/quote/MSTR.US.md) - [SMST.US - Defiance Daily Target 2X Short MSTR ETF](https://longbridge.com/en/quote/SMST.US.md) - [MSTZ.US - T-REX 2X Inverse MSTR Daily Target ETF](https://longbridge.com/en/quote/MSTZ.US.md) - [07799.HK - XL2CSOPMSTR](https://longbridge.com/en/quote/07799.HK.md) - [07399.HK - XI2CSOPMSTR](https://longbridge.com/en/quote/07399.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 期权热点｜上周五 MSTR 大涨 8%，部分看涨期权飙升 800% | 美东时间 02 月 13 日，MSTR 期权总成交 781830 张，看涨期权占比 61%，看跌期权占比 38%。 | [Link](https://longbridge.com/en/news/276030074.md) | | Animoca Brands 从迪拜的 VARA 获得了 VASP 许可证 | Animoca Brands 已获得迪拜虚拟资产监管局（VARA）颁发的虚拟资产服务提供商（VASP）许可证。该许可证允许该公司在迪拜提供虚拟资产经纪交易和管理服务，但不包括迪拜国际金融中心。预计 VASP 许可证将支持 Animoca 在 | [Link](https://longbridge.com/en/news/276039162.md) | | 解析 Strategy 中的最新期权交易趋势 | 金融巨头对 Strategy (NASDAQ:MSTR) 持乐观态度，注意到 27 笔异常期权交易。40% 的交易者看涨，而 37% 看跌。重要投资者的目标价格区间为 100 美元到 340 美元，时间跨度为三个月。目前交易量为 4,911 | [Link](https://longbridge.com/en/news/275479022.md) | | Coinbase CEO Brian Armstrong 被问到 COIN 是否计划推出自己的预测市场业务——以下是他的回答 | Coinbase 首席执行官 Brian Armstrong 表示，公司可以推出自己的预测市场业务，超越目前与 Kalshi 的合作。在 2025 年第四季度的财报电话会议上，他提到保持选择的开放性，但没有立即宣布的计划。Coinbase | [Link](https://longbridge.com/en/news/275873022.md) | | Strategy 以平均价格 78,815 美元购入了 1,142 枚比特币 | Strategy (NASDAQ:MSTR) 宣布以平均价格 $78,815 购买了 1,142 个比特币，总计 $9000 万，资金来源于出售股票。尽管第四季度亏损达到 $124 亿，首席执行官 Phong Le 对比特币的未来仍持乐观态 | [Link](https://longbridge.com/en/news/275333625.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.