Economist Peter Schiff recently commented that the Bitcoin purchase strategy of a certain leading company, while sounding cutting-edge, actually harms shareholder interests. This company's stock price has fallen by as much as 47.5% this year — if it were included in the S&P 500 index, this decline would be enough to rank among the worst six performers in the index.
According to the company's management earlier statements, buying Bitcoin is the optimal choice for the company. But Schiff's view is quite different. He believes that this aggressive crypto asset allocation strategy has not delivered the expected returns for investors in the current market environment. From the stock performance perspective, the market seems to be speaking with data — the sharp decline in stock price reflects investors' doubts about this strategy. Behind this controversy is the collision of traditional finance and crypto asset allocation philosophies.
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RugPullSurvivor
· 3h ago
47.5% decline? Haha, this is the result of all-in on Bitcoin.
Schiff is right, aggressive allocation means you have to accept the consequences aggressively.
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AirdropATM
· 3h ago
Uh... this is what they call the "cutting-edge strategy," haha
Management hyped it up, but the stock price plummeted by 47.5%. That number is truly astonishing.
Schiff is right—aggressive positioning in a bear market is just giving warmth.
By the way, can Bitcoin save a company? Clearly, the answer is already written on the K-line.
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StakeOrRegret
· 3h ago
A 47.5% drop... Is this what you call "cutting-edge strategy"? Laughable, the management is just treating shareholders like leeks to be harvested.
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ForkThisDAO
· 3h ago
Haha, Schiff is right. Going all-in on Bitcoin really backfired, and a 47.5% drop is just too outrageous.
Economist Peter Schiff recently commented that the Bitcoin purchase strategy of a certain leading company, while sounding cutting-edge, actually harms shareholder interests. This company's stock price has fallen by as much as 47.5% this year — if it were included in the S&P 500 index, this decline would be enough to rank among the worst six performers in the index.
According to the company's management earlier statements, buying Bitcoin is the optimal choice for the company. But Schiff's view is quite different. He believes that this aggressive crypto asset allocation strategy has not delivered the expected returns for investors in the current market environment. From the stock performance perspective, the market seems to be speaking with data — the sharp decline in stock price reflects investors' doubts about this strategy. Behind this controversy is the collision of traditional finance and crypto asset allocation philosophies.