Here’s how much Bitcoin Peter Schiff actually owns
Main Idea
Bitcoin critic Peter Schiff acknowledges owning Bitcoin and other cryptocurrencies, despite his public stance against them, and invites contributions to his Strategic Bitcoin Reserve.
Key Points
1. Peter Schiff admitted to owning 0.0564 BTC, worth approximately $6,670, in his Strategic Bitcoin Reserve.
2. He stated he promised donors he would never sell the Bitcoin, making it feel like he doesn't truly own it.
3. Schiff's publicly identifiable crypto wallet also holds around $11,985 in other digital assets, including Physical Gold (GOLD) tokens and others.
4. Despite his criticism of Bitcoin, his holdings reveal a personal investment in cryptocurrencies.
Description
Outspoken Bitcoin ( BTC ) critic and gold advocate Peter Schiff has acknowledged holding a small amount of Bitcoin, despite his long-standing skepticism toward the cryptocurrency . In a post on X (formerly Twitter) on July 22, Schiff wrote: “Someone pointed out that I do own Bitcoin. I have some in my Strategic Bitcoin Reserve. But I promised donors that I’d never sell, so it’s like I don’t really own it. The market value is over $6,500. Feel free to contribute to the cause. Bc1q0vxwxsmkjy5t95qp...
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