Peter Schiff has publicly challenged Michael Saylor to heavily invest in Bitcoin to mitigate potential losses as the price drops below $80,000. Saylor’s average purchase price of $68,000 puts him at risk as Bitcoin currently trades at 78,950.85 USD.
Schiff argues that Bitcoin’s volatility during market sell-offs questions its reputation as a safe haven asset. He warns that Saylor’s heavy borrowing strategy could lead to MicroStrategy’s bankruptcy if the situation continues.
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