Related News

$3.1 Million Vanishes: The GANA Payment Attack No One Saw Coming

$3.1 Million Vanishes: The GANA Payment Attack No One Saw Coming

November 21, 2025
Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

March 22, 2026
BNB Price at a Crossroads: What Happens Next as Market Pressure Builds?

BNB Price at a Crossroads: What Happens Next as Market Pressure Builds?

January 20, 2026

Browse by Category

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

Related News

$3.1 Million Vanishes: The GANA Payment Attack No One Saw Coming

$3.1 Million Vanishes: The GANA Payment Attack No One Saw Coming

November 21, 2025
Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

March 22, 2026
BNB Price at a Crossroads: What Happens Next as Market Pressure Builds?

BNB Price at a Crossroads: What Happens Next as Market Pressure Builds?

January 20, 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

Ethereum Price Crash Update: Analyst Forecasts Fall To $600 If This Happens

Will The XRP Price Have Better Luck In The Second Quarter Of The Year? Analyst Shares Forecast

Bitcoin Exchange Inflows Flash Rare Signal As Large Deposits Return

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

Ethereum Price Crash Update: Analyst Forecasts Fall To $600 If This Happens

by WeMaple AI
April 2, 2026
0
Ethereum Price Crash Update: Analyst Forecasts Fall To $600 If This Happens

Ethereum is currently trading above $2,100 at the start of the new month, but one analyst believes the asset’s next major directional move is based on a single...

Read more

Will The XRP Price Have Better Luck In The Second Quarter Of The Year? Analyst Shares Forecast

by WeMaple AI
April 1, 2026
0
Will The XRP Price Have Better Luck In The Second Quarter Of The Year? Analyst Shares Forecast

XRP closed Q1 2026 with a 271% decline from its quarter open, extending a correction that has now erased more than 60% from the token’s July 2025 high...

Read more

Bitcoin Exchange Inflows Flash Rare Signal As Large Deposits Return

by WeMaple AI
April 1, 2026
0
Bitcoin Exchange Inflows Flash Rare Signal As Large Deposits Return

On-chain data shows the average Bitcoin exchange deposit has ballooned to a significant size, a potential sign that whales are making inflows Average Bitcoin Exchange Inflow Hits 262...

Read more

Crypto Quantum Scare Is Real Says Top Trading Firm, But Here’s Where The Real Risk Is

by WeMaple AI
April 1, 2026
0
Crypto Quantum Scare Is Real Says Top Trading Firm, But Here’s Where The Real Risk Is

QCP Group released an article today weighining in the quantum risk for crypto, following the Google whitepaper from March 30 showing Bitcoin‑style elliptic‑curve cryptography can be broken with

Read more

XRP Boycott Movement Triggers Supply Crunch On Coinbase Following CLARITY Act News

by WeMaple AI
April 1, 2026
0
XRP Boycott Movement Triggers Supply Crunch On Coinbase Following CLARITY Act News

XRP Investors on Coinbase have been leaving the trading platform at a rapid rate, as evidenced by a sharp contraction in available supply An interesting part of this...

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

$3.1 Million Vanishes: The GANA Payment Attack No One Saw Coming

$3.1 Million Vanishes: The GANA Payment Attack No One Saw Coming

November 21, 2025
Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

March 22, 2026
BNB Price at a Crossroads: What Happens Next as Market Pressure Builds?

BNB Price at a Crossroads: What Happens Next as Market Pressure Builds?

January 20, 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.