MicroStrategy shares slide as Bitcoin dips below $77k and Schiff calls MSTR "Ponzi"

Bitcoin fell below $77,000 over the past 24 hours, pressuring treasury-linked stocks such as MicroStrategy (MSTR), which dropped about 3% as risk-off sentiment spread. Peter Schiff criticized MSTR on X over its roughly $64 billion Bitcoin exposure, while the BTC/gold backdrop and Bitcoin ETP flows continued to show relative strength versus gold.