The well-known crypto ecosystem critic, Peter Schiff, sharply criticized Michael Saylor after his company, Strategy, sold approximately 3,588 Bitcoin (BTC) for a value close to $225 million. The move caused a stir in the financial community, as the company had always defended a strict narrative of aggressive accumulation and holding its assets “forever.
A leading market analyst, Dark Defender, argues that XRP has already entered Wave 5 of the Elliott Wave cycle and could reach $10 without requiring the CLARITY Act in the United States. The view is grounded in technical structure rather than regulatory catalysts. XRP trades near $1.
Strategy's Bitcoin sales to fund dividends highlight a shift towards financial stability, aiming for investment-grade status and cheaper capital access. Strategy sells Bitcoin to fund dividends, aims for investment grade rating.