Peter Schiff Says Michael Saylor's 'Self-Serving' Bullish Comments Behind Bitcoin's 'Big' Rally: He'll Be 'Selling At Low Prices Again' Soon

Economist Peter Schiff linked Bitcoin’s (CRYPTO: BTC) latest spike to Strategy Inc.’s(NASDAQ: MSTR) acquisition and Michael Saylor’s “self-serving” commentary.

Schiff Weighs in on BTC Rally

Bitcoin reached an intraday high of $87,363 on Monday, its highest since late January, and is up nearly 18% over the week.

Schiff attributed the rally to Strategy’s purchase of 950 BTC for $75.7 million, which ended a nearly month-long buying pause.

Bitcoin rallied big yesterday. The catalyst seemed to be Strategy's latest Bitcoin buy and self-serving bullish comments from @Saylor that the failure to pass the Clarity Act is actually bullish for Bitcoin. I'm sure he'd have said the same thing had the Act been passed into law.

Sep 22, 2026

Schiff Jabs Saylor

Schiff described Saylor’s remarks that the CLARITY Act’s failure marked a positive turning point for Bitcoin as "self-serving," which ended up being another catalyst for the rally.

“I’m sure he’d [Michael Saylor] have said the same thing had the Act been passed into law,” the longtime Bitcoin critic took a dig.

My thoughts on why the rejection of CLARITY marks a positive inflection point for Digital Assets, and why supportive rules and free markets should now accelerate innovation and growth. https://t.co/qmahxXuG6L

Sep 19, 2026