Schiff Questions Saylor: MSTR Not Safe in 90% Bitcoin Crash

Published: 2025-11-23 03:08:14 |

Crypto critic Peter Schiff challenged Michael Saylor’s assertion that MicroStrategy’s stock (MSTR) would remain unaffected even if Bitcoin plunged 90%. Posting on X, Schiff argued that a 90% Bitcoin drop would severely devalue MSTR shares, leaving investors unable to accept such steep losses. Peter Schiff warned that MSTR’s market price could fall well below the value of its Bitcoin holdings, intensifying shareholder risk. The debate underscores market risk in Bitcoin-linked equities.

Bearish

Peter Schiff’s critique highlights potential severe losses for MicroStrategy shareholders if Bitcoin crashes by 90%. Such bearish sentiment around BTC-linked equities can trigger sell-offs as investors reassess risk exposure. Historically, sharp Bitcoin declines have led to correlated drops in related stocks and heightened market volatility, as seen during Bitcoin’s 2018 bear cycle. In the short term, traders may reduce MSTR positions, while long-term confidence could erode, maintaining downward pressure on both Bitcoin and Bitcoin-backed equities.