Crypto's Prolonged Winter: Schiff's Grim Prediction Against Saylor's Steadfast Bitcoin Commitment
- Bitcoin bear Peter Schiff warns of prolonged "crypto ice age," dismissing Michael Saylor’s Bitcoin treasury strategy as "harebrained." - Bitcoin and Ethereum prices plummet below $109,000 and $4,000, erasing $1B in liquidations as the Crypto Fear & Greed Index hits 28. - MicroStrategy’s stock drops 45% from its peak, with Schiff predicting a "brutal bear market" for Bitcoin treasury companies. - CryptoQuant warns of 50% downside risk for companies relying on PIPE deals, as macroeconomic factors like Fed

Bitcoin skeptic Peter Schiff has ramped up his cautions about an extended slump in the crypto sector, describing it as a possible "crypto ice age" and criticizing Michael Saylor’s
Schiff, who has long been an outspoken opponent of Bitcoin, claims that the current downturn is not just another "crypto winter" but a much harsher and lasting "ice age." "We’re not heading into a typical crypto winter, since that would mean a recovery is near," he posted on X. His bleak outlook matches the broader market’s direction, with Bitcoin losing 4% and Ethereum dropping 8% in the past 24 hours. Other cryptocurrencies like
This negative sentiment also affects companies that have adopted Bitcoin as part of their treasury strategy, especially Saylor’s MicroStrategy (MSTR). Schiff criticized this approach, pointing out that MSTR’s stock has dropped 45% since its November 2024 high, and questioned whether such companies—including MSTR—can weather the downturn. "Bitcoin Treasury companies are in for a punishing bear market," he warned. Despite these setbacks, Saylor has continued to buy Bitcoin, acquiring 850
Blockchain analytics company CryptoQuant has echoed these warnings, noting that firms depending on private investment in public equity (PIPE) deals could see their stock prices cut in half if investors rush to sell after lock-up periods end. The firm referenced cases like KindlyMD, which plunged 97% after PIPE shares became tradable, and pointed to similar dangers for Strive (ASST) and Cantor Equity Partners. With PIPE deals raising over $2.5 billion, a strong Bitcoin rebound may be the only thing preventing further declines in these stocks title1 [ 1 ].
Saylor’s support for the treasury strategy stands in stark contrast to Schiff’s criticism. On a recent earnings call, Saylor voiced confidence in MSTR’s strength, highlighting a "robust" perpetual preferred stock plan and an 81% return so far this year. He described Bitcoin treasuries as a foundation for a "financial transformation," utilizing "digital capital" and "digital intelligence." Still, Schiff rejected this optimism, arguing the strategy cannot hold up in a drawn-out bear market title2 [ 2 ].
The future direction of the market remains unclear. While Saylor’s continued Bitcoin acquisitions show his long-term conviction, Schiff’s warnings point to underlying weaknesses in the industry. With macroeconomic pressures such as the U.S. Federal Reserve’s tighter policies and disappointing GDP growth adding to the volatility, the coming months will be a crucial test for Bitcoin treasury strategies and the wider crypto market title3 [ 3 ].
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What Are the Two Best Artificial Intelligence (AI) Stocks to Invest in at This Moment?

Ethereum’s Decline Spurs Pepeto’s Infrastructure-Supported Meme Coin Initiative
- Pepeto (PEPETO) raised $6.8M in presale by late 2025 via zero-fee exchange and 225% APY staking, leveraging Ethereum's post-correction market. - Ethereum's $4,100 drop triggered $1.8B in liquidations, pushing investors toward infrastructure-backed meme coins like Pepeto with audited tools and cross-chain bridges. - The project distinguishes itself through institutional-grade security audits, transparent roadmap, and $0.000000155 presale pricing with staged price increases. - Analysts highlight Pepeto's s

PunkStrategy's NFT Flywheel: Breakthrough Advancement or Risky Speculation?
- PunkStrategy (PNKSTR) surged 87% in 24 hours, reaching $36.4M market cap via a model using transaction fees to buy and resell Cryptopunk NFTs, funding token buybacks. - The "Yoyo™ Effect" automates NFT purchases and token burns, aiming to stabilize prices but facing risks like NFT illiquidity and crypto volatility. - Analysts highlight institutional interest in NFT-backed finance but caution unproven fundamentals and regulatory uncertainties, despite PNKSTR’s 2021-era hype comparisons. - Critics question

Tether CEO: Bitcoin's Limited Supply Drives Superior Performance and Boosts Economic Expansion
- Tether CEO Paolo Ardoino emphasizes Bitcoin's long-term value, citing El Salvador's 30% tourism surge after adopting it as legal tender in 2021. - He highlights Bitcoin's scarcity and immutability as advantages over Ethereum, noting Tether's $10.98 billion BTC holdings and growing institutional adoption globally. - Ardoino frames Bitcoin as a "lifeline" for economies, with 1.5M BTC in ETFs and U.S. states exploring strategic reserves, signaling its shift toward core financial infrastructure. - While Ethe

Trending news
MoreCrypto prices
More








