Peter Schiff, a well-known skeptic of Bitcoin, has openly criticized the business intelligence and software company Strategy Inc for its aggressive accumulation of BTC. In a recent post on X, Schiff pointed out that despite Strategy’s substantial investment in Bitcoin over the past five years, the returns have been underwhelming.
Peter Schiff Challenges Strategy Inc’s Bitcoin Gains After Half a Decade
Schiff highlighted that with Bitcoin’s current market price, Strategy Inc’s unrealized profit is merely around 16%. This is because their average purchase price per Bitcoin hovers near $75,000. If they were to liquidate now, their gains would be limited to this modest margin.
The critic further emphasized that over these five years, the annualized return averages just above 3%, which he believes reflects poor asset selection by Michael Saylor and his team at Strategy.
“Strategy has been acquiring Bitcoin for five years. With an average cost basis of $75K per coin, their ‘paper profit’ stands at only 16%. That translates into an annual return slightly exceeding 3%. The company would have fared much better if @Saylor had invested in almost any other asset instead of Bitcoin.”
— Peter Schiff (@PeterSchiff) December 29, 2025
According to Schiff’s analysis, despite consistent purchases and significant capital deployment into BTC, the investment hasn’t delivered impressive results.
He attributes this lackluster performance primarily to Bitcoin’s inherent volatility and risk profile. He suggests that more stable assets could have generated superior returns during this period.
This viewpoint aligns with Schiff’s long-held skepticism about using Bitcoin as a reliable store of value. As an advocate for gold investments, he frequently critiques cryptocurrencies—especially when markets show stagnation or high volatility.
For instance, back in November 2025 when BTC dropped below $90K—a sharp decline of approximately 28.5%—Schiff dismissed the notion of “digital gold” associated with bitcoin as misleading. He argued that throughout its existence bitcoin has failed to establish itself as an effective hedge against inflation.
Bitcoin Price Dips Amidst Strategy Inc Expanding Its Holdings
At present reporting time, Bitcoin trades at $87,388.18, marking a slight decrease of about 0.54% over the last day.
The cryptocurrency experienced intraday fluctuations ranging from lows near $86,717.92 up to highs around $90,299.16 despite witnessing significant trading volume growth.
The daily trading volume surged by over two hundred percent (207.78%) reaching approximately $ 42. 09 billion, a sign pointing toward heightened market activity.
Lately, taking note after bitcoin dipped below $ 89,000 while gold prices climbed above $ 4,300,, Schiff warned investors against relying on bitcoin amid fragile liquidity conditions within crypto markets.
A report from U.Today revealed if mid-December marked a major buying spree by Strategy, which acquired an additional 10&comma645 BTC, boosting its total holdings up to 671&comma268 bitcoins.