Schiff Says Strategy’s BTC Monetization Program Could Trigger Death Spiral

Digital Finance
โดย U.Today·Read original
Summary · why it matters

Financial commentator and long-time crypto skeptic Peter Schiff has warned that the new BTC Monetization Program recently announced by Strategy could actually trigger a market death spiral. Schiff argues that if Bitcoin’s price falls, Strategy may be forced to sell more Bitcoin to meet its obligations, further depressing the price and creating a vicious cycle.

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MicroStrategy Incorporated
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Schiff warns that Strategy's BTC monetization program could trigger a death spiral if Bitcoin price falls, forcing more Bitcoin sales and further depressing price.

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