Peter Schiff has warned that the price of Bitcoin (BTC) may continue to fall despite Michael Saylor’s buying spree. His statements come amid the ongoing Bitcoin 2026 conference.
Peter Schiff is skeptical about Bitcoin’s future despite institutional backlog
Schiff noted the increase in the share of Bitcoin owned by Strategy over the past 12 months in a post by
However, he said that the value of Bitcoin declined during that time despite ramping up the strategy to buy Bitcoin. “The 40% increase in market share did not prevent Bitcoin from falling by 30%,” Peter Schiff added. He wondered whether the company’s buying spree would have any impact.
Watch the Bitcoin conference from home this year. When I spoke last year and advised the audience to sell, the price of Bitcoin was approaching 110,000. Today, the number has reached 76 thousand, a decrease of 30%. Last year, the hype was that Bitcoin treasury companies were near a peak. This year, it’s digital credit, which will soon explode.
– Peter Schiff (@PeterSchiff) April 28, 2026
He went on to point out that further accumulation by the company may not help. “If MSTR reaches 5% supply by next year’s conference,” Schiff asked, “why would Bitcoin stop falling?”
In another post, he compared his warnings to the current Bitcoin price. He had recommended investors sell at $110,000 during last year’s event. Highlighting the losses of those who did not sell Bitcoin at that time, Peter Schiff said: “Today the losses are 76 thousand, a decrease of 30%.”
He highlighted the hype around Bitcoin treasury companies during a conference last year. Hence it is He said The current hype around “digital credit” could be on a similar path.
Michael Saylor’s comments during the Bitcoin 2026 conference
Schiff’s comments are as follows: Michael Saylor provided a positive result Predictions at Bitcoin Conference 2026. At the event, Saylor spoke about the strong capital inflows he observed in the system. Saylor noted:
“Every dollar that goes into digital credit will flow into digital capital. It will flow into the Bitcoin network. And as it flows into the Bitcoin network, the price of Bitcoin should rise.”
Saylor also identified supply factors, noting that Bitcoin’s scarcity could lead to another price increase. He pointed to the demand from companies The strategy recently bought $255 million Of Bitcoin. “We purchased the entire supply last week,” he said.
In addition to buying companies, Saylor pointed to the increasing participation of large banks such as JPMorgan Chase, Citigroup, Morgan Stanley and Barclays. He said the participation of large banks could boost the credit market based on Bitcoin and other digital assets.
If you’re looking for Airdrop rewards, visit our page at Cryptocurrency drop.
