Saylor’s comments followed Strategy's earnings call last week, during which the company disclosed it has the flexibility to pause sales of its MSTR common stock and instead cover STRC dividend obligations through Bitcoin sales.
“Peter thinks Bitcoin's a Ponzi scheme,” Saylor said, adding that Schiff “is not really a lover of anything in this space.”
The outlook for BitcoinSpeaking to Decrypt, experts downplayed the likelihood of a market shock from any potential Strategy sale.
Andrew Webley, founder and CEO of UK Bitcoin treasury firm Smarter Web Company, argued that responsible treasury management could actually strengthen institutional confidence. “It demonstrates that Bitcoin treasury companies are evolving into durable financial structures rather than ideological vehicles,” he told Decrypt.
Comments alone are unlikely to move Bitcoin's price direction, with macro liquidity, ETF flows, and risk sentiment remaining the primary drivers, Georgii Verbitskii, derivatives trader and founder of TYMIO, told Decrypt.
“If MicroStrategy were to sell some Bitcoin, the initial reaction would probably be negative from a psychological standpoint,” he said. “But unless the scale of selling is very large, I don't think it would structurally change the market.”
