Peter Schiff: Saylor may sell all of Strategy's BTC to fund dividends

Prominent Bitcoin skeptic Peter Schiff argued during a YouTube live broadcast that Strategy's (MSTR) recent BTC sale will negatively affect market sentiment. He said Bitcoin investors do not fully recognize the changes underway at the company. Schiff noted that Strategy has been a key buyer supporting BTC's price and has played a crucial role in boosting the cryptocurrency's credibility in the financial sector. However, with its recent sale of 3,588 BTC, worth $216 million, the company has shifted from a buyer to a seller. Schiff explained that the bigger issue is market sentiment, suggesting that Saylor may sell more BTC—or even the entire holding—to secure cash and reduce the company's Bitcoin exposure to fund dividends.