Millionaire investor Peter Schiff recently criticized Strategy (MSTR) and its aggressive Bitcoin strategy by arguing that the Bitcoin treasury company’s funding model is weakening. More specifically, he pointed out that it was able to raise money at 0% interest in 2021 but now faces costs closer to 11.5%. Because of this, he believes that investors are no longer interested in pure Bitcoin upside and instead want more predictable returns.
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In addition, he pushed back on Michael Saylor’s prediction that Bitcoin could reach $1 million, warning that “If buying the next 231,666 BTC has the same impact on Bitcoin’s price as buying the last 231,666, Bitcoin will be below 60k.” Nevertheless, Strategy continues to double down on its approach. The company recently raised about $255 million by selling roughly 1.45 million shares through its at-the-market program. It then used all of that money to purchase 3,273 Bitcoin at an average price of about $77,906 per coin.
As a result, the firm now holds more than 818,000 Bitcoin, worth over $61 billion, and says it has generated a 9.6% Bitcoin yield so far in 2026. Even so, the market does not seem fully convinced. Strategy stock is trading near $170, while Bitcoin has slipped from around $79,000 to $77,000 in recent days. Therefore, investors are starting to question whether simply continuing to buy more Bitcoin is enough to push prices higher.
Is MSTR Stock a Good Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on MSTR stock based on 12 Buys assigned in the past three months, as indicated by the graphic below. Furthermore, the average MSTR price target of $281.25 per share implies 67.7% upside potential.
