Peter Schiff replied to Michael Saylor: Insufficient buying power

According to Odaily Planet Daily, economist and cryptocurrency critic Peter Schiff criticized Michael Saylor's insufficient buying power in an article published on X, stating that Bitcoin has fallen 6% from the average purchase price last week and that more buying is needed to support the price.

Previously, Michael Saylor posted on X that MicroStrategy purchased 397 BTC for approximately $45.6 million, at an average price of approximately $114,771 per BTC. As of November 2nd, the company held a total of 641,205 BTC, with a total cost of approximately $47.49 billion and an average cost of $74,057 per BTC, representing a 26.1% BTC return by 2025.