Peter Schiff: Strategy has shifted from buyer to seller, weakening support for Bitcoin demand

Odaily Planet Daily News - Economist and cryptocurrency critic Peter Schiff posted on platform X, stating that Michael Saylor's Strategy sold 32 Bitcoins last week, valued at approximately $2.5 million, with an average transaction price of approximately $77,135. This signals Strategy's transition from the "largest Bitcoin buyer" to a seller, and he questioned the source of subsequent new demand. He pointed out that Bitcoin's price has fallen below $72,000, approximately 7% lower than Strategy's previous selling price.