Schiff argued MicroStrategy’s acquisition of 397 BTC for $45.6M at a $114,771 average price shows limited buying impact despite a 2025 ROI of 26.1%.
Peter Schiff criticized Michael Saylor after MicroStrategy bought 397 BTC for $45.6 million at an average price of $114,771. Schiff suggested the purchase was too small to influence Bitcoin's market performance. As of November 2, 2025, MicroStrategy holds 641,205 BTC at an average acquisition cost of $74,057 per coin, reflecting a 26.1% return on investment for the year.