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Peter Schiff has warned of a “crypto ice age” as Bitcoin and the broader crypto market slide, whereas calling Michael Saylor’s BTC treasury technique ‘’harebrained.’’
Schiff’s warning got here because the crypto market was rocked by nearly $1 billion in liquidations within the final 24 hours, sending Bitcoin nosediving near $109k and Ethereum beneath $4k.
The Crypto Worry & Greed Index plunged to a ”Worry” studying of 28, down from 44 yesterday, its lowest stage since April.
“We aren’t about to enter one other crypto winter, as that means one other spring will quickly comply with,” mentioned Schiff, a long-time critic of Bitcoin, on X. “Prepare for a crypto ice age. Obtained gold?”
LATEST🚨 PETER SCHIFF WARNS ETHEREUM’S DIP BELOW $4K HINTS AT A BEAR MARKET AND SAYS #BITCOIN MIGHT FOLLOW pic.twitter.com/5aOSvX0tPL
— That Martini Man ₿ (@MartiniGuyYT) September 26, 2025
Schiff Doubts If Technique Will Survive
Schiff slammed corporations which might be copying the technique of Saylor’s Technique, which is the most important company investor in Bitcoin, noting that its MSTR shares have plunged greater than 45% since their 2024 peak.
”That is going to be a brutal marketplace for Bitcoin Treasury corporations,” he mentioned. ”I’m undecided if any, together with MSTR, will survive it.”
MSTR inventory has dropped beneath $300 for the primary time since April after falling about 8% yesterday to round $294. It’s now down greater than 14% previously month, wiping out its year-to-date features.
Nonetheless, Saylor has continued shopping for, including 850 BTC final week to convey holdings to 639,835 BTC price over $47 billion.
Earlier within the day, Schiff additionally warned on X that Ethereum was in a bear market after dropping 20% from its all-time excessive in August
CryptoQuant Says Crypto Treasury Companies Face 50% Draw back Danger
KindlyMD crashed 97% after its PIPE shares unlocked, it famous, whereas including that Try (ASST) and Cantor Fairness Companions may drop 55% and 50%, respectively, in the event that they revert to their PIPE deal costs.
With over $2.5 billion raised by way of PIPEs, solely a powerful Bitcoin rally could stop additional inventory declines, it mentioned.
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