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Peter Schiff: MSTR's stock price has fallen 45% from its peak in November 2024, and Bitcoin treasury companies may struggle to survive the Bear Market.
On September 26, economist and crypto asset critic Peter Schiff posted on social media, "While many companies are busy copying Michael Saylor's business strategy, few have noticed that MSTR has already fallen 45% from its peak in November 2024. This will be a brutal bear market for Bitcoin treasury-type companies. I'm not sure any of them, including MSTR, can survive."