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Peter Schiff has once again taken aim at Bitcoin (BTC) and its biggest corporate supporter, Strategy. In a recent post on X, formerly known as Twitter, the economist warned that the “biggest regret Strategy shareholders will have is not selling.” Peter Schiff Warns Strategy Shareholders of Looming Collapse Schiff, a longtime critic of Bitcoin, suggests
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Bitcoin Pizza Day marks a significant event in the crypto industry’s history, as it resulted in the first-ever commercial payment transaction for this digital asset. As clear as its name, it has something to do with Pizza, and someone had paid 10,000 BTC for that. Interestingly, the same 10,000 tokens are worth nearly $1 billion today. Let’s discuss the key details. Bitcoin Pizza Day Celebrates Laszlo Hanyecz’s BTC Transaction The renowned Bitcoin Pizza Day is celebrated on May 22 and will mark the 15th anniversary tomorrow. It is celebrated by crypto enthusiasts and platforms all around the world, as the programmer Laszlo Hanyecz purchased two pizzas for 10,000 BTC, fifteen years ago. Not only did he buy Pizza with a digital currency, but he also marked the first commercial usage of BTC in history. Sources reveal that, on May 22, 2010, Hanyecz utilized 10,000 BTC, equivalent to $42 at the… Read More at Coingape.com
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The post Can Strategy Survive a Bitcoin Crash? The Company’s Risky Capital Model Under Scrutiny appeared first on Coinpedia Fintech News
MicroStrategy Incorporated, recently renamed as Strategy, is the largest publicly traded corporate owner of Bitcoin, with 528,185 BTC purchased at an average price of $67,458, with total acquisition cost of $35.63 billion.
As of April 2025, its Bitcoin holdings are worth around $41.3 billion, with the most recent purchase of 22,048 BTC for $1.92 billion on March 30 at $86,969 per BTC. Bitcoin is now Strategy’s main treasury reserve asset, and its BTC Yield—a key performance indicator measuring Bitcoin per share—rose 11% YTD during Q1, aiming for 15% annually to 2027.
SEC filings in recent times point to the volatility that comes with Strategy’s Bitcoin model. During Q1 2025, the firm had a $5.91 billion unrealized loss caused by a price fall to $77,351, which was offset by a $1.69 billion tax benefit.
The capital structure of the company is comprised of $8.65 billion raised in the form of equity and debt since 2020, for funding continuous Bitcoin acquisitions. The highlight was raising $2 billion in February 2025 using zero-coupon convertible notes that are due in 2030. Strategy also went public with a preferred stock (STRK) offering during Q4 2024 and raised $584 million.
In spite of volatility, the firm’s overall Bitcoin holding is still in profit with an unrealized gain of 14.62%. Its software segment still lags behind, reporting $120.7 million in Q4 2024 revenue, down 3% YoY, and failing to produce positive operating cash flow. The firm depends greatly on financing for its operations and Bitcoin acquisitions, having done a 10-for-1 stock split in July 2024 to increase share availability.
Liquidation risk is contained at present. With $8.2 billion in unsecured loans and no collateralized loans for Bitcoin, Strategy could potentially repay all of its debt by selling 15% of its BTC at current market prices.
Executive Chairman Michael Saylor’s 46.8% voting share guarantees continuation of the Bitcoin-first strategy, and he asserts even a decline in Bitcoin’s price wouldn’t lead to a selloff.
Strategy’s equity and debt offering-based fund conversion strategy—using stock and note issuance to purchase BTC has been referred to as an “infinite money glitch.” Strategy purchases additional Bitcoin by issuing stock and notes at a premium, driving both BTC and MSTR’s stock upward.
This model relies on investor faith and sustained appreciation of Bitcoin. Any extended decline in Bitcoin’s price may test its capacity to raise capital or service its obligations.
Critics point to centralization risks, possible tax burdens on $18 billion of unrealized gains, and regulatory attention from organizations such as the SEC. At the same time, the stock of the company experienced a 336% jump in 2024, although it dropped by 55% from a high of $543 in November to $250 by February 2025.
In summary, Strategy’s aggressive Bitcoin approach continues to provide returns but with high risk of exposure to market volatility, debt risk, and regulatory issues. Its success will depend on Bitcoin’s long-term trend and Saylor’s dogged adherence to the “never sell” mantra.
The post Can Strategy Survive a Bitcoin Crash? The Company’s Risky Capital Model Under Scrutiny appeared first on Coinpedia Fintech News
MicroStrategy Incorporated, recently renamed as Strategy, is the largest publicly traded corporate owner of Bitcoin, with 528,185 BTC purchased at an average price of $67,458, with total acquisition cost of $35.63 billion. As of April 2025, its Bitcoin holdings are worth around $41.3 billion, with the most recent purchase of 22,048 BTC for $1.92 billion …
Trump WLFI New Advisor:- The Trump-endorsed WLFI (World Liberty Financial Initiative) has made a strategic addition in its advisory board.
It has announced on April 15 the appointment of Bilal Bin Saqib, a British-Pakistani entrepreneur and angel investor. Bilal is a graduate of the London School of Economics and has been listed on Forbes’ 30 Under 30.
The move, by Trump family-backed Defi protocol, becomes all the more strategic given WLFI’s recent launch of its own stablecoin, USD1, and the near-term plans to scale its protocol and DeFi system.
Bilal Bin Saqib, awarded with British Empire (MBE) medal, is best known for his work at the intersection of social entrepreneurship and technology.
He was listed on Forbes’ 30 Under 30 for his work in social impact, notably with his non-profit Tayaba. His non-profit has worked for transforming the access to clean water for underserved communities in Pakistan through innovative water-carrying solutions.
In March, Pakistan appointed Bilal Bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council.
He is also the founder of One Million Meals, a campaign launched during the COVID-19 pandemic that served over a million meals to NHS frontline workers in the UK.
His entrepreneurial background is further amplified by his active role in venture capital and technology startups, with a strong focus on Web3 and sustainability. He has served as the growth advisor for many Early/Mid-Level web3 projects such as The Coin Masters, Africa’s crypto exchange Busha, and the NFT search engine Corol Reef.
We’re proud to welcome Bilal Bin Saqib MBE, to World Liberty Financial as an advisor. A Forbes 30 Under 30 honoree and Web3 leader, Bilal brings deep experience in scaling protocols, advancing crypto adoption in emerging markets, working with governments, and driving social… pic.twitter.com/QYFWWlnYRH
— WLFI (@worldlibertyfi) April 15, 2025
WLFI is often marketed as a platform for “freedom-centric finance.” It aims to leverage blockchain to reduce dependence on traditional financial institutions, which it claims are prone to censorship and centralized control.
Though details on the WLFI tokenomics and roadmap remain sparse, the advisory board now includes a mix of political strategists, crypto veterans, and global thought leaders.
And now Saqib’s entry into the Trump-backed WLFI fold is significant for several reasons. He brings a strong international presence and a focus on ethical innovation. This could help legitimize WLFI on the world stage – especially in emerging markets where crypto adoption is accelerating.
His social impact background may help reshape the public narrative around WLFI. Trump-backed WLFI continues to face criticism for its close alignment with U.S. right-wing politics.
With Saqib onboard, WLFI may also attempt to rebrand itself as a more globally inclusive platform for financial liberty.
This move could also open doors for strategic partnerships across the Middle East and South Asia, regions where Saqib has established philanthropic and entrepreneurial roots.
This strategic change for WLFI comes as DWF Labs invested $25M in its WLFI token.
The addition of Bilal Bin Saqib will provide further strength to Trump-backed WLFI’s existing strategic advisory board that currently includes:
And now as WLFI prepares for its first public demo in Q2 2025, all eyes will be on how its advisory board — now including Saqib — navigates the intersection of decentralized tech and global policy narratives.
If successful, WLFI may not just be a political project but a powerful player in the evolving crypto landscape.
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