Peter Schiff mocks Michael Saylor for buying 855 bitcoin: "Why didn't you buy the dip?"

According to a report by Bijie Network: MicroStrategy, led by Michael Saylor, purchased 855 bitcoins at an average price of $87,974, spending $75.3 million and bringing its total bitcoin holdings to 713,502, valued at approximately $56 billion. This transaction occurred just before the price of bitcoin briefly fell below $75,000, sparking public criticism from gold advocate Peter Schiff. Schiff questioned the timing of the transaction, as the spot price of bitcoin at that time was more than $10,000 lower than MicroStrategy's weekly average purchase price. MicroStrategy's unrealized gains on bitcoin are only 3% higher than its average cost price of $76,052, with Schiff implying that this move was a market misjudgment. Saylor has not yet responded to this criticism.