{"id":113569,"date":"2025-11-17T10:48:07","date_gmt":"2025-11-17T10:48:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113569"},"modified":"2025-11-17T10:48:07","modified_gmt":"2025-11-17T10:48:07","slug":"peter-schiff-calls-saylor-a-fraudster-bitcoins-ytd-gains-evaporated-last-week-bitcoin-prediction-for-2026-close","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113569","title":{"rendered":"Peter Schiff Calls Saylor A Fraudster, Bitcoin\u2019s YTD Gains Evaporated Last Week: Bitcoin Prediction For 2026 Close?"},"content":{"rendered":"

With the BTC USD price below $100,000, Bitcoin prediction models are bearish. The bad news is that it could get worse, especially if digital gold crashes below $90,000. <\/span><\/p>\n

Every time the Bitcoin price ticks lower, MicroStrategy, the world\u2019s largest holder of BTC, comes under renewed pressure. Last week, when BTC USDT fell below $100,000, MicroStrategy\u2019s net asset value (NAV) fell below 1.<\/span><\/p>\n

Microstrategy mNAV drops to ~1x, cash on hand is $54mm,
Assuming all regular debt is 0% (it’s not), and $STRF<\/a>\/ $STRK<\/a> preferreds are 8% or 10%. $MSTR<\/a> will either sell stock, pay dividends in stock, or as a last resort sell $BTC<\/a> (would be disastrous in terms of optics), thereby\u2026 pic.twitter.com\/nysxTi2Qy4<\/a><\/p>\n

\u2014 baran (@barankayhan) November 12, 2025<\/a><\/p>\n\n

That was enough of a scare because it meant everything the public company held was less than the value of its Bitcoin holdings. Would they be willing to sell if the situation becomes dire? Will investors demand action and protection?<\/span><\/p>\n

DISCOVER: <\/span>20+ Next Crypto to Explode in 2025<\/span><\/a><\/strong><\/p>\n

Peter Schiff Says MicroStrategy and Michael Saylor Are Fraudsters<\/span><\/h2>\n

For MicroStrategy and Michael Saylor, their reputation depends on whether Bitcoin and some of the <\/span>best cryptos to buy<\/span><\/a> will recover. If not, there is a real risk that Saylor will be labeled a fraudster and MicroStrategy a big Ponzi as some critics claim.<\/span><\/p>\n

Among those firing shots now that Bitcoin prices are shaky is Peter Schiff. Schiff is a big gold advocate and always thinks Bitcoin and most \u201cstore-of-value\u201d cryptos don\u2019t have a future.<\/span><\/p>\n

Interestingly, Schiff has no problem with Saylor as a person. Instead, he is worried about the business model that MicroStrategy has employed. On Sunday, he called their treasury a fraud and even challenged Saylor to a debate at the Binance Blockchain Week in Dubai set for December.<\/span><\/p>\n

In a post on X, Schiff thinks MicroStrategy\u2019s model of relying on funds to buy its \u201chigh-yield\u201d preferred shares is unsustainable. Schiff is skeptical whether the promised high yield will be paid in the first place. <\/span><\/p>\n

MSTR\u2019s entire business model is a fraud. Saylor and I will both be speaking at Binance Blockchain Week in Dubai in early December. I challenge @saylor<\/a> to debate this proposition with me. Regardless of what happens to Bitcoin, I believe $MSTR<\/a> will eventually go bankrupt. Let\u2019s go!<\/p>\n

\u2014 Peter Schiff (@PeterSchiff) November 16, 2025<\/a><\/p>\n\n

If they never follow through, he predicts a situation where investors will rush for the exits and dump MSTR preferred shares, causing a death spiral impacting Bitcoin and even some of the <\/span>best Solana meme coins<\/span><\/a>.<\/span><\/p>\n

DISCOVER: <\/span>9+ Best Memecoin to Buy in 2025<\/span><\/a><\/strong><\/p>\n

Bitcoin Prediction: Will the BTC USD Price Dump Continue?<\/span><\/h2>\n

Still, Bitcoin and crypto traders are optimistic.<\/span><\/p>\n

Even after the MSTR mNAV fell below 1 last week before recovering to around 1.2 at press time, way lower than the ideal 2, MicroStrategy didn\u2019t sell BTC.<\/span><\/p>\n

From data, their Bitcoin NAV, that is, the market value of its Bitcoin holdings, stands at $61,487, offering a 26.1% yield year-to-date at spot Bitcoin rates.<\/span><\/p>\n\n

(Source: <\/span>Strategy<\/span><\/a>)<\/span><\/p>\n

Looking at the Bitcoin daily chart, there is a floor at $93,000. If buyers load up at this level, pushing prices higher, ideally above $100,000, MicroStrategy will find a breather.<\/span><\/p>\n

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