Kidneys for Bitcoin? Peter Schiff and Michael Saylor clash

Long-time Bitcoin critic and gold supporter Peter Schiff has once again criticized Michael Saylor and his company, MicroStrategy ( which has now been renamed Strategy), after the company invested an additional 1 billion dollars into Bitcoin yesterday. This latest acquisition brings Strategy’s total Bitcoin spending to nearly $42 billion, continuing to fuel the debate surrounding corporate adoption of Bitcoin.

Schiff commented, “As long as Bitcoin rises in price and $MSTR trades at a high level, @Saylor can continue to buy. But once Bitcoin crashes and MSTR trades at a discount, creditors will force MSTR to sell.” This is not the first time Schiff has criticized Saylor. Their long-standing disagreement over the future of Bitcoin has intensified following Schiff’s reaction to a bold tweet from Saylor in February, in which he wrote, “Sell a kidney if you have to, but hold onto your bitcoin.” In response recently, Schiff tweeted: “First, you told everyone to max out their credit cards and mortgage their homes to buy Bitcoin. Now you’re telling them to sell their organs. Aren’t you ashamed?” Not wanting to back down, Saylor responded with a quickly spreading tweet: “Sell Peter Schiff’s kidney, keep Bitcoin.” The clash shows how divided people still are when it comes to gold versus Bitcoin. On one side are traditional gold supporters like Schiff, and on the other side are Bitcoin believers like Saylor, whose company Strategy continues to double down on cryptocurrency. The clash shows how divided people still are when it comes to gold versus Bitcoin. On one side are the traditional gold supporters like Schiff, and on the other are those who believe in Bitcoin like Saylor, whose company Strategy continuously increases its investment in cryptocurrency. With the explosion of Bitcoin in 2025 and many giants participating, Saylor is not backing down while Schiff continues to warn that everything is heading towards a collapse.