Reported about 14 hours ago
Economist Peter Schiff humorously advised MicroStrategy's founder, Michael Saylor, to borrow $4.3 billion to purchase Bitcoin that the US government plans to sell. This recommendation follows the Supreme Court's decision that allows the government to liquidate 69,370 BTC seized from the Silk Road. Schiff's suggestion underscores his previous criticisms of Saylor's Bitcoin strategy, even as MicroStrategy's cryptocurrency investments have significantly boosted its stock value.
Source: YAHOO