Bitcoin Price Prediction: Peter Schiff Fuds Michael Saylor’s Strategy Yield’s Model

Bitcoin price is trading at $64,500, down 0.2% over the past 24 hours, with a bad prediction from Peter Schiff. The headline number masks a more uncomfortable story developing underneath.

Peter Schiff has sharpened his critique of Michael Saylor’s Strategy, and this time, he is leaning on the company’s own data instead of ideology.

Schiff posted on X, highlighting a sharp erosion in Strategy’s Bitcoin Yield, the metric Saylor uses to justify holding MSTR over spot BTC. That yield has fallen from 13.3% year to date on May 25 to 4.5% after Strategy’s latest capital raise. That represents roughly a 66% decline in under two months.

Schiff argued that if the trend continues, Strategy’s 2026 Bitcoin Yield could turn negative. In his view, that would weaken the case for owning MSTR instead of Bitcoin. He also pointed to Strategy’s sale of 3,588 BTC for about $216 million to fund preferred dividend obligations, marking its first meaningful Bitcoin sale in years.

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