TechFlow News, April 27: Peter Schiff, a prominent gold bull and well-known Bitcoin bear, posted that Michael Saylor had previously predicted Bitcoin (BTC) would reach $1 million per coin if MicroStrategy ($MSTR) accumulated 5% of the total BTC supply. However, MSTR’s current holdings already stand at 3.9%. If MSTR continues purchasing the remaining ~231,700 BTC and the marginal price impact remains consistent with prior purchases, BTC’s price could fall below $60,000—contrary to Saylor’s forecast.
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