Peter Schiff: Strategy’s 3,588 BTC Sale Could Weigh on Market Sentiment

Peter Schiff said Strategy’s recent sale of 3,588 BTC worth $216 million could negatively affect market sentiment, arguing the company has moved from being a major buyer of Bitcoin to a seller. According to NS3.AI, Schiff said the shift could change how investors view demand dynamics tied to Strategy’s activity in the market. Schiff also suggested that Strategy Executive Chairman Michael Saylor may sell additional BTC, and he raised the possibility that the company could sell its entire Bitcoin position to help fund dividends.