Bitcoin Lingers at $77K as Schiff Warns Saylor Buys Won't Stop Decline

Bitcoin hovers around $77,000, down 30% from $109,000 at the 2025 conference, despite MicroStrategy surging to 818,334 BTC (3.9% of supply) with $6.4B spent in April alone. Criticism ignited April 27 when Peter Schiff attacked Saylor's $1M BTC goal as doomed by 11.5% debt costs and diminishing returns after a 3,273 BTC ($255M) buy. Canadian billionaire Frank Giustra ridiculed the 1M quest on April 28, needing 181,666 more BTC at 45k/month pace for August 2026. Schiff doubled down April 29, questioning why prices fall amid aggressive accumulation.