Michael Saylor Challenges Bitcoin Bearish Claims: BTC Outperformed Major Assets Since 2020

KuCoinFlash

Release Time: 04/05/2026 14:07:51

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Summary

Bitcoin news broke on April 5 as Michael Saylor, founder of MicroStrategy, countered Peter Schiff’s bearish claims. Schiff asserted that Bitcoin had only gained 12% over five years, while other assets outperformed it. Saylor cited Bitcoin analysis showing BTC as the top-performing mainstream asset since August 2020, with its lead widening over time.

BlockBeats news, on April 5, economist and cryptocurrency critic Peter Schiff posted a message urging the sale of Bitcoin, which was refuted by Michael Saylor, founder of Strategy.

Peter Schiff earlier stated that over the past five years, Bitcoin's price has risen only 12%. During the same period, the Nasdaq rose 57.4%, the S&P 500 rose 59.4%, gold rose 163%, and silver rose 181%. If Bitcoin's appeal lies in its superior long-term performance, why would anyone continue to hold it?

Michael Saylor replied that the time frame is crucial. Since August 2020, Bitcoin has been the best-performing mainstream asset by a significant margin. Over longer time horizons, this gap only widens.

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