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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.
BlockBeats news, on September 26, economist and cryptocurrency critic Peter Schiff posted on social media stating, “While many companies are busy copying Michael Saylor's business strategy, few have noticed that MSTR has fallen 45% from its peak in November 2024. This will be a brutal Bear Market for Bitcoin treasury companies. I'm not sure if any of them, including MSTR, can survive.”