Bitcoin Price Could Reverse Following Tech Stocks, Peter Schiff Says

Strategy bought 334 BTC for about $28.7 million and repurchased $176 million of STRC in its latest disclosure, even as Peter Schiff warned that the Bitcoin price could reverse if technology stocks pull back. The competing signals leave a sharper question than whether Strategy is still accumulating: can its current funding mix sustain larger purchases if market appetite for risk fades?

Strategy’s holdings reached 848,000 BTC, just over 4% of Bitcoin’s total supply. Bitcoin was trading around $86,000, up more than 4% over seven days and more than 8% over 30 days, but still down 30% year over year.

Strategy reports a $21 billion gain on digital assets in Q3 2026. Last week, we acquired 334 and repurchased $176M of . As of 10/4/26, we hold 848,000 BTC and $5.7B of USD Assets. — Michael Saylor (@saylor)

The latest figures distinguish a $4.88 billion USD Reserve, designated for preferred dividends and debt interest, from $833.4 million in USD Cash for general purposes that include Bitcoin purchases. Those balances provide liquidity, but they are not interchangeable: the reserve has a stated obligation, while cash is the more direct pool for discretionary purchases.

Strategy’s latest filing also showed $15.7 million in net proceeds from MSTR common-stock sales, all directed to Bitcoin, alongside a $13 million draw from USD Cash for the purchase. It bought 334 BTC at an average of $85,838.80.