Peter Schiff Roasts Michael Saylor's 855 Bitcoin Purchase: "Why Didn't You Buy the Dip?"
Analysis
Price Impact
MedMichael saylor's continued large btc purchases by microstrategy usually fuel bullish sentiment for bitcoin, demonstrating institutional conviction. however, peter schiff's public criticism, highlighting the timing of the purchase (buying at $87,974 just before a dip to $75,000), injected some short-term fud and raised questions about market timing for such large buys. the market did dip after the news, then recovered slightly.
Trustworthiness
HighThe information is based on public announcements from michael saylor/microstrategy regarding their btc purchase and a direct, verifiable tweet from peter schiff criticizing the timing. these are factual reports of public statements and actions.
Price Direction
BullishMichael saylor's consistent, large-scale bitcoin accumulation by microstrategy signals strong institutional conviction and long-term bullish sentiment. while the timing of this specific purchase ($87,974 just before a dip to $75,000) was questioned by peter schiff, saylor's historical behavior suggests continued faith in bitcoin's long-term appreciation, often interpreting dips as buying opportunities, reinforcing a bullish long-term outlook.
Time Effect
LongMichael saylor's strategy for microstrategy involves long-term accumulation of bitcoin, viewing it as a treasury asset. his purchases are not aimed at short-term trading gains but rather multi-year appreciation, making the short-term price fluctuations or missed 'dips' less critical to his overall investment thesis.
Original Article:
Article Content:
Cover image via youtu.be Read U.TODAY on Google News Michael Saylor just bought more Bitcoin today, but not everyone's impressed. For those who missed it, the Strategy chairman announced that the company bought another 855 BTC for $75.3 million at an average price of $87,974. Advertisement Saylor and Co.'s total Bitcoin stash is now at 713,502 BTC, worth about $56 billion, and just 3% above an average cost basis of $76,052. But not long after Saylor said he was moving, Bitcoin dropped below $75,000 for a bit before bouncing back to around $78,000. This did not sit well with Peter Schiff , the gold bug and longtime crypto skeptic, who criticized Saylor in public. HOT Stories Morning Crypto Report: Binance Suddenly Unlocks One Trillion Shiba Inu (SHIB), Bitcoin Whitepaper Name Admits and Denies Epstein Links, $2.36 Billion Satoshi-Era Bitcoin Whale Gets in Trouble With Ethereum Crypto Market Review: XRP in Deep $1 Waters, Shiba Inu (SHIB) — Worst Price Nosedive of 2026, Is Bitcoin (BTC) in Danger of Hitting $50,000? Strategy's Saylor Hints at Fresh Bitcoin Buy Amid Investor Ridicule Shiba Inu Buyers Step In, Peter Brandt Reveals Bitcoin Price Rebound Target, Ripple Exec Confirms XRP as Priority — Top Weekly Crypto News Your last buy was just under $88K. Bitcoin fell below $75k over the weekend, as is still below $78K, more than $10K below your average purchase price for the week. Why didn't you buy the dip? Advertisement — Peter Schiff (@PeterSchiff) February 2, 2026 He pointed out that Saylor's purchase price was $10,000 above the spot price and questioned the math of the entrepreneur. With BTC trading below Strategy's weekly purchase price, Schiff implied that Saylor either misjudged the market or just avoided averaging down. It is not just about how things look. With a super-thin 2.8% profit margin on the BTC stack, any buying mistake can mess with both how the treasury looks and how the stock market feels about MSTR. Math of Bitcoin Standard Strategy's Bitcoin position was built for $54.26 billion and is now showing about $1.5 billion in paper gains. All in all, the company's market cap at $52 billion, diluted, still trails the nominal BTC value, giving MSTR shares a Bitcoin premium of 1.15. Advertisement You Might Also Like Mon, 02/02/2026 - 15:14 What If You Bought Bitcoin (BTC) the Day Michael Saylor Did and Never Sold It? By Gamza Khanzadaev So, Schiff's criticism is either a bit of his signature trolling or maybe some legit financial advice. Either way, the question remains: in a market this unpredictable, why buy high and skip the weekend dip? Saylor has not responded yet. But if history is anything to go by, he will probably respond the same way he always does: with another billion-dollar Bitcoin bet. #Bitcoin #Peter Schiff #Michael Saylor #Bitcoin News