Related News

Hyperliquid (HYPE) Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH?

Hyperliquid (HYPE) Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH?

May 5, 2026
Île-à-la-Crosse Residential School, Sask. government to make ‘major’ announcement Monday

Île-à-la-Crosse Residential School, Sask. government to make ‘major’ announcement Monday

September 29, 2025
KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

May 11, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Hyperliquid (HYPE) Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH?

Hyperliquid (HYPE) Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH?

May 5, 2026
Île-à-la-Crosse Residential School, Sask. government to make ‘major’ announcement Monday

Île-à-la-Crosse Residential School, Sask. government to make ‘major’ announcement Monday

September 29, 2025
KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

May 11, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Economist Blasts Strategy’s Bitcoin Bet, Despite $8 Billion Profits, Here’s Why

WeMaple AI by WeMaple AI
December 30, 2025
in Crypto
0
Economist Blasts Strategy’s Bitcoin Bet, Despite $8 Billion Profits, Here’s Why
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

On Monday, December 29, 2025, Michael Saylor’s Strategy (formerly MicroStrategy) announced its latest Bitcoin purchase. The company had acquired over $100 million worth of the digital asset again, keeping in line with its consistent buying over the years. While Strategy’s large Bitcoin buys have often been a cause for celebration in the crypto community, not everyone believes that this is a good strategy. Mainly, world-renowned economist Peter Schiff has blasted the move, highlighting its profits so far as subpar.

You might also like

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Bitcoin whales send 49,000 BTC to exchanges as $60K rebound shows signs of weakness

MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

Strategy’s Bitcoin Move Would Have Been Better With Any Other Asset

Schiff’s comments come hot on the heels of the Strategy announcement, showing a total of 1,229 BTC was bought at approximately $109 million. The average purchase price for the coins came out to around $88,568 once the purchase was done, adding to the already considerable Bitcoin holdings of the publicly-held company.

Less than 30 minutes after Strategy’s announcement, Peter Schiff took to the X (formerly Twitter) platform to share his thoughts on the move. Mainly, the economist is not impressed with how the company’s Bitcoin bet has played out so far, despite sinking over $50 billion into the digital asset.

Schiff points out that despite aggressively buying BTC over the last five years, Strategy’s profits sit at only 16%. Breaking this down over the number of years that the company has been buying Bitcoin, it averages out to around a 3% annual profit on the investment.

Given this, the economist believes that the company would’ve been better off if it had accumulated any other asset besides Bitcoin. Interestingly, the prices of other assets such as gold and silver have hit new all-time highs this year, while BTC has continued to struggle.

Breaking Down Strategy’s BTC Holdings

Presently, Strategy retains its title as the publicly-traded company with the highest amount of Bitcoin holdings. According to data from the data aggregation website, CoinGecko, Strategy currently holds 672,497 BTC, which accounts for 3.202% of the total Bitcoin supply.

Strategy Bitcoin

The entire stack has cost the company a whopping $50.44 billion to accumulate, with an average price of $74,997 at the time of the last purchase. At a 16% profit margin so far, Strategy is currently sitting on over $8 billion in unrealized profits, down from its all-time high of $22 billion in profits when the Bitcoin price crossed $126,000 back in October.

Bitcoin price chart from Tradingview.com

Read Entire Article
Tags: Celebrity NewsCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

by WeMaple AI
July 3, 2026
0
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Autheo introduced a decentralized Internet Operating System aimed at AI agents and blockchain transaction

Read more

Bitcoin whales send 49,000 BTC to exchanges as $60K rebound shows signs of weakness

by WeMaple AI
July 3, 2026
0

Bitcoin’s recovery above $60,000 is facing a fresh test from exchange-flow and derivatives data after large holders moved one of the year’s largest daily BTC inflows onto trading...

Read more

MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

by WeMaple AI
July 3, 2026
0
MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

MEXC listed an Ondo-linked tokenized yield asset, highlighting continued demand for real-world asset products in crypto

Read more

Ethereum Foundation Guide Targets Government And Institutional Blockchain Use

by WeMaple AI
July 3, 2026
0
Ethereum Foundation Guide Targets Government And Institutional Blockchain Use

The Ethereum Foundation published a guide aimed at government and institutional use of Ethereum

Read more

SEC And CFTC Seek Comment On Portfolio Margining Harmonization

by WeMaple AI
July 3, 2026
0
SEC And CFTC Seek Comment On Portfolio Margining Harmonization

The SEC and CFTC are seeking comment on portfolio margining harmonization, a technical issue with real implications for derivatives

Read more
Next Post
2026 Bitcoin Price Predictions: What Banks, Institutions And Experts Forecast

2026 Bitcoin Price Predictions: What Banks, Institutions And Experts Forecast

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Hyperliquid (HYPE) Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH?

Hyperliquid (HYPE) Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH?

May 5, 2026
Île-à-la-Crosse Residential School, Sask. government to make ‘major’ announcement Monday

Île-à-la-Crosse Residential School, Sask. government to make ‘major’ announcement Monday

September 29, 2025
KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

KOSPI Breaks 7,700 for the First Time Ever as AI Demand Reshapes Asian Markets

May 11, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.