Peter Schiff, in all probability essentially the most vocal and cussed hater of Bitcoin, has completed it once more. This time the goal for his bespoke crypto criticism was Fundstrat’s Tom Lee, who shared a selfie with Technique’s Michael Saylor, captioning that submit with “Bitcoin and Ethereum are associates.”
For Schiff, although, they’re moderately “companions in crime,” as that is precisely how he commented on this photograph.
The commentary landed completely after the day prior to this’s announcement that BitMine received 46,255 ETH from BitGo, which is about $201 million. That takes their whole stash to 2,126,018 ETH, which is about $9.24 billion.
Companions in crime.
— Peter Schiff (@PeterSchiff) September 12, 2025
As for Bitcoin, Saylor’s Technique continues to be in a league of its personal, with the software program supplier proudly owning as a lot as 638,460 BTC proper now, equal to $73.55 billion at present worth. With common buy-in at $73,880 per BTC, that places Technique up nearly 56% in revenue.
Mix that with the truth that MSTR (MicroStrategy’s ticker) has a diluted market cap of $105 billion.
Crypto controversies
Schiff’s fast remark match into his normal routine of criticizing crypto enthusiasm, however this time he aimed toward two figures who communicate for the 2 greatest cash in the marketplace.
One has integrated Bitcoin into a company steadiness sheet, whereas the opposite highlights Ethereum’s broader monetary potential. Collectively, they turned a goal too good to go up for Schiff’s newest jab at crypto.
The submit is certainly very particular, as Lee has already needed to take care of individuals who don’t like him for shifting his focus to Ethereum via his work with BitMine Applied sciences, which was all about Bitcoin till the current “Ethereum Treasury” hype.
