Galaxy maps timeline for Strategy Bitcoin stash as Peter Schiff escalates Ponzi claims

MicroStrategy (Strategy) has amassed ~815,061 BTC (~4% of the 21M supply), worth about $61.56 billion, and could surpass Satoshi’s estimated holdings if it keeps buying — Galaxy Digital projects that could occur between late 2026 and mid‑2027. The company recently bought 34,164 BTC (~$2.54 billion; avg ~$74,395/coin) per an SEC filing. Michael Saylor’s “Winter’s Over” post and the buyback are being read as bullish signals for Bitcoin (BTCUSD), which trades near $77,485, but concentration risk is rising: one corporate holder controlling so much BTC could pose market liquidity and price‑shock risks if forced to sell. Gold advocate Peter Schiff labeled Strategy’s STRC preferred stock a “Ponzi,” sparking debate, though most legal analysts reject that characterization because Strategy discloses dividend dependence on new capital in SEC filings.