Michael Saylor's Bitcoin Bet The Biggest Losing Trade In History? Peter Schiff Says It Will Surpass JPMorgan's 'London Whale' Fiasco
Economist Peter Schiff predicted on Monday that Michael Saylor‘s Bitcoin (CRYPTO: BTC) bet would become the largest losing trade in history, surpassing JPMorgan’s infamous “London Whale” loss. Schiff pointed out on X that Saylor’s firm, Strategy Inc. (NASDAQ:MSTR), is already sitting on unrealized losses of over $10 billion on its underlying BTC holdings