Schiff Attacks MicroStrategy: Bitcoin Strategy “Destroyed Shareholder Value”

**_ Peter Schiff criticizes the MicroStrategy Bitcoin plan on the basis of a 47.5 percent share decline in 2025, which he deems to have destroyed shareholder value as the CEO went long on Bitcoin. _ **

Summary Peter Schiff cries foul over the Bitcoin-heavy MicroStrategy plan, citing a 47.5% decline in 2025 that he contends destroyed shareholder value.

Economist Peter Schiff criticizes the Bitcoin plan of MicroStrategy, which saw its stock drop 47.5% in 2025, its sixth-poorest annual S&P 500 showing.

On X, Schiff noted that the fall revealed fundamental weaknesses: “This is not in the S&P 500. He wrote, in case it were, it would be the sixth-worst in the index due to a 47.5 percent slump.

Strategy isn’t in the S&P 500. But if it were, its 47.5% decline in 2025 would make it the 6th worst-performing stock in the index. @Saylor claims the best thing a company can do is buy Bitcoin. Well, that’s basically all $MSTR did, and the strategy destroyed shareholder value.

— Peter Schiff (@PeterSchiff) December 31, 2025

Source: Schiff

The Bitcoin Bet Backfires

Schiff challenged CEO Michael Saylor regarding his Bitcoin-oriented treasury opinion, since the results indicate that the plan has backfired.

On X, Schiff wrote, @Saylor claims that the most profitable action a company can take is to purchase Bitcoin. He further stated that MicroStrategy had taken this recommendation almost literally and concluded, That is what $MSTR did, and it destroyed shareholder value.

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Shareholder Value Under Scrutiny

The 47.5 percent decline questions Bitcoin as a business approach. MicroStrategy became a Bitcoin proxy after accumulating substantial holdings in Bitcoin.

The loss of shareholder value is the physical loss that Schiff is critiquing. The performance of the stock does not support the claims that Bitcoin enhances corporate balance sheets, and investors who pursued the Bitcoin model proposed by MicroStrategy suffered losses on a massive scale.

The controversy highlights a growing tension in regard to corporate Bitcoin usage. Though classical economists like Schiff are still cynical, Bitcoin advocates justify long-term theses despite short-term fluctuations.