As Michael Saylor unleashes an unprecedented level of financial investment, his longtime rival Peter Schiff is capitalizing on the current downturn in their portfolio.
Today, Strategy announced the acquisition of an additional 1,031 $BTC, totaling $76.6 million at an average price of $74,326. Even with Bitcoin surpassing $71,000 today, Schiff seized the opportunity to deliver a sarcastic jab at Saylor’s announcement by pointing out that despite today’s gains, Strategy remains down 4.5% from last week’s purchases and questioning how such a situation arose.
Even with today’s rally, you are still down 4.5% on last week’s buy. How did you manage that?
— Peter Schiff (@PeterSchiff) March 23, 2026
Examining Strategy’s portfolio at the beginning of this week reveals that they now possess 762,099 $BTC valued at approximately $53.88 billion and an average purchase price of $75,699. With Bitcoin trading around $71,000 currently, this results in a total paper loss of about 6.7% for the firm.
Strategy Launches New Multibillion-Dollar Initiative for $BTC Acquisitions
Simultaneously, Saylor is reaffirming his long-term vision by announcing significant capital expansion plans as Strategy has filed paperwork with the SEC to initiate new ATM programs for periodic securities sales in public markets.
The new fundraising structure comprises:
- $21 billion in Class A shares.
- $21 billion in STRC preferred shares.
- $2.1 billion in STRK securities.
This cumulative reserve of $44.1 billion empowers Saylor to continue making aggressive purchases during market dips while disregarding short-term fluctuations—a point that Schiff frequently critiques.
For detractors like Schiff who view a 4.5% loss as fodder for mockery; for Saylor it represents a strategic chance to utilize part of this new funding to lower his average cost and advance towards acquiring one million $BTC .