Veteran Calls to "Engineer" Bitcoin Crash to Liquidate Saylor’s Firm

Veteran Calls U.S. to “Engineer” Bitcoin Crash and Liquidate Saylor’s Firm

In Brief

• Veteran trader Peter Brandt has suggested the U.S. government liquidate Michael Saylor’s Strategy.
• He argues Saylor’s debt-fueled Bitcoin strategy leaves his firm vulnerable as prices continue to fall.
• Despite rising pressure and public criticism, Saylor has not responded to the latest attacks.

A shock statement from legendary trader Peter Brandt is igniting a firestorm as he’s urging the U.S. government to engineer a massive Bitcoin crash with the explicit goal of liquidating Michael Saylor’s company, Strategy.

Brandt in an X post said the U.S. can stack Bitcoin as a backup asset for the U.S. dollar, making it a worthy reserve currency after liquidating Strategy by crashing the price to $30,000.

Bitcoin’s Crash Puts Michael Saylor Back in the Line of Fire

Michael Saylor is the chairman of Strategy, widely recognized as the first and largest corporate Bitcoin treasury in the world. Over the past several years, Saylor has turned the company into one of the most aggressive Bitcoin acquirers in history, publicly celebrating each major purchase and often advocating for Bitcoin as the ultimate corporate reserve asset.

As Bitcoin continues to crash, the Bitcoin proponent has come under criticisms from Bitcoin critics like Peter Schiff who has challenged him to a debate and now Brandt, who’s also pro-Bitcoin trader.

Both argue that Strategy’s accumulation model exposes shareholders to existential risk, especially because the company has used significant debt to expand its Bitcoin holdings.

You mean the 90% decline https://t.co/IXBP4inDPV pic.twitter.com/fNArwfajMx

— Peter Brandt (@PeterLBrandt) November 20, 2025

Peter Schiff says Strategy is a fraudulent company that will go to zero regardless of what happens to Bitcoin in the future.

Brandt took the criticism further this week. In a now-viral post, he said the U.S. government should “engineer” a Bitcoin crash to $30,000, arguing that such a move would liquidate Strategy and “penalize” the firm for its debt-driven approach to BTC accumulation.

Critics Amplify Pressure as Saylor Remains Silent

Brandt’s comments come amid one of the most violent downturns Bitcoin has seen in recent years, intensifying calls for accountability. Jim Cramer, host of CNBC’s “Mad Money,” also took aim at Saylor, stating that he “needs to defend himself” amid growing concerns over Strategy’s leverage and exposure.

The consistent bullish crypto cheerleaders are due for a full-court press using claims of $1 million per bitcoin in 2030, or some other magical nonsense. They need to defend themselves as they always do. Saylor due for multiple appearances. I will Chatgpt what Saylor will say…

— Jim Cramer (@jimcramer) November 21, 2025

Yet despite the rising criticism, Saylor has remained silent. His most recent post on X came sixteen hours before Brandt’s remarks, with no acknowledgment of the escalating backlash.