Michael Saylor hinted at buying more Bitcoin (BTC) despite Peter Schiff’s ongoing criticism of Strategy’s STRC. Over the weekend, he shared a post on social media indicating that the Bitcoin treasury company is set to announce another Bitcoin acquisition on Monday.
Michael Saylor points to more Bitcoin acquisitions
On Sunday, April 26, Michael Saylor posted on X; “The eating continues.” The post included the company’s famous “orange dots” chart, which shows its past purchases of Bitcoin. The message was simple and many took it as an indication that there was more buying due to previous trends.
Eating continues. pic.twitter.com/tBDs2z0b4z
-Michael Saylor (@saylor) April 26, 2026
Meanwhile, the STRC team added to the speculation. “STRC Weekly Speculation Time. Quiet Week ~ 0 BTC Estimated,” mail He reads. She added that there may not have been any recent purchases. The team noted that the stock “is still recovering at $99.64” and asked readers, “What will the 8-K confirm on Monday?”
The debate comes as more investors are interested in Strategy’s preferred stock, STRC. The product backed by Michael Saylor has monthly payouts with an annual return of 11.5% and has been used as a way to raise funds to buy more Bitcoin.
The company has built a position of over 815,000 BTC with Buying $2.54 billion worth of Bitcoin Last Monday. It is the largest holder of BTC in the world.
Saturn, a STRC-backed revenue provider, Bought $18 million in STRC With its total investments rising to $33 million. Despite the injection, STRC continued to trade below its face value of $100, a critical level for investors. It has raised questions about the strength of demand Michael Saylor’s future acquisition of Bitcoin Strategies.
Peter Schiff sounds the alarm about STRC’s ‘death spiral’
Prior to this post, Schiff, a long-time Bitcoin critic, continued to criticize Michael Saylor. In several tweets, he questioned the viability of a strategy that relies on capital flows.
“The claim that bitcoin would only have to rise 2% per year to cover the 11.5% return on $STRC indefinitely assumes that $MSTR stops issuing STRC,” Schiff wrote. He added that a higher issuance may require a further increase in Bitcoin’s growth rate.
“The only way to stop the death spiral is for MSTR to cancel the dividend, which could lead to massive losses in the prices of STRC, the strategy, and Bitcoin,” he wrote.
Previously, he wrote that too STRC is “the most obvious Ponzi That ever existed. He noted that STRC appears to be more in demand for its 11% yield than for Bitcoin.
Earlier, Schiff also highlighted legal concerns and Michael Saylor warned From a possible lawsuit in the future.
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