Peter Schiff's Grim Forecast: Microstrategy's Bitcoin Gamble Nears Dangerous Limits

Peter Schiff’s Grim Forecast: Microstrategy’s Bitcoin Gamble Nears Dangerous Limits

October 31, 2024

Peter Schiff warns that Microstrategy’s $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.”

Search

RECENT PRESS RELEASES

Donald Trump Could Be Elon Musk’s Ultimate Cash Cow

SWI Editorial Staff2024-10-31T23:56:21-07:00October 31, 2024|

Jeff Bezos needs to choose: be a Trump puppet or courageous newspaper owner

SWI Editorial Staff2024-10-31T23:56:19-07:00October 31, 2024|

CleanSpark targets 400MW Bitcoin mining capacity after acquiring GRIID

SWI Editorial Staff2024-10-31T23:55:01-07:00October 31, 2024|

US Bitcoin ETFs Amass Over Half of Gold’s Holdings in First Year

SWI Editorial Staff2024-10-31T23:54:58-07:00October 31, 2024|

Bitcoin Inventor Revealed? Event Claims Stephen Mollah Is Satoshi

SWI Editorial Staff2024-10-31T23:54:54-07:00October 31, 2024|

Prince of Wales’ environmental roadshow to arrive in Africa next week

SWI Editorial Staff2024-10-31T23:54:01-07:00October 31, 2024|