Veteran fund manager predicts MicroStrategy's bankruptcy despite its status as a top US stock.

From Yahoo Finance: 2025-05-29 11:50:00

Veteran fund manager predicts MicroStrategy is headed for bankruptcy after a light-hearted exchange with Bitcoin critic Peter Schiff at the Bitcoin Conference 2025. Schiff predicts MicroStrategy will go bankrupt despite being a top US stock. MicroStrategy stock (MSTR) trading at $364.25, down 12.42% over the past five days.

In a viral video, @LaDoger21 confronts Peter Schiff, calling him the number one Bitcoin bear. Schiff, a gold advocate, dismisses Bitcoin as worthless and predicts MicroStrategy’s bankruptcy. Despite @LaDoger21’s jests, Schiff stands by his bearish views on Bitcoin and MicroStrategy’s future.

Schiff, a veteran fund manager and gold advocate, engages in a friendly debate at the Bitcoin Conference 2025 with a vocal Bitcoin supporter. Schiff predicts MicroStrategy’s bankruptcy despite its current status as a top US stock. MicroStrategy stock (MSTR) is trading at $364.25, down 12.42% over the past five days.

Read more: Veteran fund manager predicts MicroStrategy is headed for bankruptcy