{"id":148841,"date":"2026-10-05T17:47:57","date_gmt":"2026-10-05T17:47:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=148841"},"modified":"2026-10-05T17:47:57","modified_gmt":"2026-10-05T17:47:57","slug":"peter-schiff-predicts-bitcoin-will-drop-if-tech-stocks-pull-back","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=148841","title":{"rendered":"Peter Schiff Predicts Bitcoin Will Drop If Tech Stocks Pull Back"},"content":{"rendered":"
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Peter Schiff has warned that Bitcoin\u2019s recent resilience could make a later reversal more painful for Strategy, arguing that the company has lost the ability to use STRC to raise fresh money for Bitcoin purchases.<\/p>\n

His broader view is that markets have absorbed worsening economic signals without fully pricing the risks he sees.<\/p>\n

Schiff Sees Strategy\u2019s Financing Problem<\/h2>\n

In the latest Peter Schiff Show, the economist noted<\/a> that Bitcoin had gained almost 1% on the week and was trading around $84,500 at the time of recording. He also pointed to Strategy\u2019s STRC price, which had recovered to about $99.40 after falling to $75 during the summer.<\/p>\n

He attributed that recovery to Strategy repurchasing STRC and Bitcoin\u2019s move back above $80,000, which may have improved confidence and prompted short covering. But he argued that the rebound does not solve the financing problem.<\/p>\n

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\u201cThere\u2019s no way that he\u2019s going to be able to start selling more STRC. And that means he\u2019s not going to be able to raise money to really start buying more Bitcoin,\u201d Schiff stated, referring to Strategy\u2019s Michael Saylor.<\/p>\n<\/blockquote>\n

Strategy\u2019s latest figures show 848,000 BTC, equal to just over 4% of total supply, alongside $4.8 billion in USD reserves and $833 million in cash. Its STRC position has an $8.93 billion notional value, with a 12% variable dividend and 12.07% effective yield.<\/p>\n

Bitcoin has since moved higher, with CoinGecko data at the time of writing putting it around<\/a> $86,000, up more than 4% in seven days and over 8% across 30 days, while remaining down 30% from where it was one year ago.<\/p>\n

But despite what Schiff says, Strategy has continued buying the asset. As CryptoPotato<\/em> reported earlier today, the company acquired<\/a>\u00a0334 BTC for about $28.7 million. It also repurchased another $176 million of STRC. This latest buy is quite smaller than the 1,665 units bought<\/a> for about $142.8 million in late September, which came together with $152 million of STRC.<\/p>\n

Schiff Links Bitcoin Risk to a Wider Market Break<\/h2>\n

Schiff\u2019s argument extends beyond Strategy\u2019s capital structure. He believes Bitcoin is benefiting from a stock market that has so far absorbed weak economic and bond-market signals without a larger correction.<\/p>\n

He referred to softer PCE inflation numbers, poorer-than-expected employment figures, and lower expectations of an interest rate hike in October, but maintained that bond prices were falling. The oil price stood at about $91 a barrel following a promise by the G7 to release 100 million barrels from their strategic reserves.<\/p>\n

Schiff\u2019s worry is that the markets are taking resiliency as an indicator that the bad news no longer matters, but he thinks things are only going to keep getting worse.<\/p>\n

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\u201cAt some point, Bitcoin is going to roll over, especially if we get a pullback in the tech market, which we haven\u2019t had yet,\u201d he warned.<\/p>\n<\/blockquote>\n

The post Peter Schiff Predicts Bitcoin Will Drop If Tech Stocks Pull Back<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Peter Schiff has warned that Bitcoin\u2019s recent resilience could make a later reversal more painful for Strategy, arguing that the company has lost the ability to use STRC to raise fresh money for Bitcoin purchases. His broader view is that markets have absorbed worsening economic signals without fully pricing the risks he sees. Schiff Sees […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-148841","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/148841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=148841"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/148841\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=148841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=148841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=148841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}