Peter Schiff, a prominent economist and critic of Bitcoin, has suggested that Trump Media & Technology Group (TMTG) should follow in the footsteps of MicroStrategy by converting its cash into Bitcoin. Schiff's tweet, which may have been intended sarcastically, advises TMTG to borrow money and issue more shares to buy even more Bitcoin, potentially leading to a surge in the value of DJT stock. Schiff's suggestion may reflect both his skepticism about TMTG's business model and his ironic view of Bitcoin's speculative nature. MicroStrategy, led by CEO Michael Saylor, has bet its future on Bitcoin and has accumulated over 160,000 BTC, with plans for further investments worth billions of dollars. However, Schiff's proposal could also be seen as a reminder of the risks associated with such a volatile asset.



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