Bitcoin critic Peter Schiff said on X that if short sellers push Strategy (MSTR) shares low enough, it could leave Michael Saylor with what Schiff described as the best option of selling Bitcoin to repurchase stock.
According to Odaily, Schiff said such a move could narrow the discount but might not lift the share price because Bitcoin would fall.
Schiff added that Saylor has already put himself in this situation.
Peter Schiff: Short Sellers Could Pressure Strategy Stock, Forcing Bitcoin Sales for Buybacks
2026-06-24 12:47:21
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