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Peter Schiff: MSTR's stock price has fallen 64% from last year's peak, and the $47.5 billion spent to purchase 640,000 Bitcoins has only yielded a 27% paper profit.

PANews November 16 news, economist and crypto assets critic Peter Schiff stated on the X platform that $MSTR has fallen more than 64% from the peak in November 2024. More importantly, Saylor has expanded his balance sheet through leverage over the past five years, spending over $47.5 billion to purchase more than 640,000 Bitcoins at an average price of $74,000 each. Now, the paper profit of this investment is only 27%.

BTC-0.47%
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