Peter Schiff Predicts MicroStrategy Crash
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•MicroStrategy (MSTR) Stock To Crash, Peter Schiff Says
63% Informative
Peter Schiff predicts MicroStrategy (MSTR) stock crash citing key reasons.
MSTR stock price closed at around 10% down on Tuesday , while continuing its downturn momentum in the pre-market session today .
Schiff said that MSTR 's heavy Bitcoin exposure amplifies the risk of a stock crash.
The economist attributes the potential crash to the intensifying Bitcoin selloff.
Schiff hinted that the US government is not going to buy Bitcoin , as Donald Trump has promised during his election campaigns.
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