Peter Schiff says that the latest purchase of #Bitcoin by Strategy for $101.3 million is just a "damage control attempt" and not proof that the company can liquidate Bitcoin when needed. He believes the purchase was funded by issuing new shares, which diluted the Bitcoin per share.

He added: "This doesn’t prove the company can sell Bitcoin; it actually shows they can’t at all."

#BTC #CryptoNewss #BinanceSquare #BlackMonday #Write2Earn!
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