Key Takeaways
- Peter Schiff claims that Strategy’s investment in Bitcoin has only produced modest returns over five years.
- Schiff argues that any other asset would have outperformed Bitcoin and delivered higher returns.
Bitcoin treasury Strategy would have delivered stronger returns if Michael Saylor had avoided Bitcoin and allocated capital to other asset classes, Peter Schiff, a longtime Bitcoin critic and proponent of gold, said in a recent statement.
“Strategy has been buying Bitcoin for five years. With an average cost of $75,000, the company has a ‘paper profit’ of only 16%,” Schiff said posted via his official X account. “That is an average annual return of just over 3%.”
Strategy (MSTR) fell in Monday trading, extending a rough year for the stock, per Yahoo Finance. Often seen as a proxy for Bitcoin, the MSTR is now 46% lower in 2025.
Schiff faced backlash from market observers after his statement.
In a commentary, prominent expert Willy Woo said that Schiff misrepresented Strategy’s performance by assuming that all Bitcoin purchases occurred at the same time, rather than taking into account the timing of each transaction. He said this led to an inaccurate picture of performance.
“That’s my grade. He doesn’t even speak English.”
You need a Peter like that before you post your math.
You averaged on the cost basis, but not on the time basis.
Mathematics scam.
— Willy Woo (@woonomic) December 29, 2025
Venture capitalist Revaz Shmertz also disputed Schiff’s equation, saying it does not reflect how investment returns are actually calculated.
Peter, that’s not how returns work. You cannot divide the paper profit by five years if the purchases are spread over the entire period.
And “every other asset” does a lot of the heavy lifting. Now I ask you:
– What property?
– With what pull-out tolerance?
– At what time of entry?…— Rezo🛡₿RRR (@rezoshm) December 29, 2025
Strategy announced a purchase of 1,229 Bitcoin this morning, increasing its holdings to 672,497 BTC.
In addition to the Bitcoin accumulation, the company has also increased its cash buffer to $2.2 billion, ensuring it can meet all financial obligations in the coming years without being forced to liquidate Bitcoin.
According to facts According to TradingView, Bitcoin is up about 219% over the past five years, as of December 30, from about $27,400 to about $87,700. Gold is up just over 130% over the same period.
#Saylors #strategy #Bitcoin #Peter #Schiff