Peter Schiff Establishes Personal ‘Strategic Bitcoin Reserve,’ Vows Not To Sell: ‘Going Down With The Ship So Others Never Get On Board’

In an effort to mock President Donald Trump’s declaration, renowned economist Peter Schiff declared his own Strategic Bitcoin (CRYPTO: BTC) Reserve on Friday, promising not to sell any of it.

What Happened: Schiff took to X to explain the structure of the reserve.

“Just like the U.S. government, I’m developing a budget-neutral strategy for acquiring my Bitcoin at no incremental cost,” Schiff said, taunting the Trump administration’s plan for acquiring more BTC.

Schiff also posted the address of the so-called reserve and invited contributions from his followers.