In an X post on October 9, 2024, prominent economist Peter Schiff proposed that MicroStrategy, the largest public holder of Bitcoin, should acquire the 69,370 BTC from the government. Schiff suggested that MicroStrategy CEO Michael Saylor borrow an additional $4.3 billion to make the purchase, highlighting the potential impact such a move could have on the market. Schiff, known for his skepticism of Bitcoin, regularly criticizes MicroStrategy's Bitcoin-heavy investment strategy, questioning the company's stock performance relative to Bitcoin’s price fluctuations.