Bitcoin Critic Peter Schiff Seeks BTC Donations to Challenge His Skepticism Amid Market Surge
In a surprising turn of events, renowned Bitcoin critic and gold advocate Peter Schiff has solicited BTC donations from his followers on X, offering them a chance to change his long-standing skepticism about the cryptocurrency. As Bitcoin’s price continues to rally, Schiff’s "Strategic Bitcoin Reserve" has surpassed $5,000 in value for the first time, marking a significant moment in his public stance on digital assets.
Bitcoin Critic Peter Schiff Solicits BTC Donations Amid Market Rally
Peter Schiff, a longtime bitcoin skeptic, has made an unexpected request to his followers on X: donate BTC to change his mind about the cryptocurrency. The gold advocate shared a Bitcoin wallet address, framing the appeal as an opportunity to prove his bearish stance wrong during the current price surge.
Schiff’s so-called "Strategic Bitcoin Reserve" has surpassed $5,000 in value for the first time, according to his Wednesday post. Blockchain data shows modest traction—approximately $20 received across two transactions since the public appeal.
Bitcoin Sees 4th Dip in Funding Rates This Year — What Does This Mean For BTC?
Bitcoin’s recovery shows no signs of slowing, with the cryptocurrency climbing 1.6% to $94,288 in the past 24 hours. The 15% surge over two weeks marks a decisive reversal from earlier corrections, putting the $100,000 threshold within striking distance.
Market observers note a curious divergence: while U.S. investor confidence grows, Bitcoin’s funding rates have slipped into negative territory for the fourth time this year. CryptoQuant analyst Nino highlights this anomaly, pointing to continued whale accumulation on Binance and Coinbase despite the bearish derivatives signal.
Bitcoin Price Hits $94,667 With 11.3% Weekly Gain: $100K in Sight
Bitcoin surged 11.3% this week, trading NEAR $94,667 as institutional demand and regulatory clarity fuel bullish momentum. The rally coincides with Nasdaq’s proposal to the SEC for a new "digital asset investment contracts" category, which excludes Bitcoin—a potential catalyst for broader institutional adoption.
Nasdaq’s April 25 letter advocates clearer crypto regulations, emphasizing accurate classification to bridge digital assets with traditional markets. The move signals growing Wall Street acceptance as Bitcoin’s $100,000 threshold becomes increasingly plausible.
Bitcoin Trading at 40% Discount to Energy Value, Signaling Undervaluation
Bitcoin remains significantly undervalued relative to its energy-based production cost, according to Capriole Investments founder Charles Edwards. The cryptocurrency currently trades 40% below its "Energy Value"—a model estimating fair value based on mining energy expenditure. This metric currently sits near $130,000 per BTC.
The Energy Value framework quantifies Bitcoin’s intrinsic worth through the electricity consumed by global mining operations. As miners expend energy to secure blocks and earn subsidies, this input cost establishes a fundamental valuation floor. The persistent discount suggests market inefficiency or anticipatory pricing for future halving events.
Semler Scientific Expands Bitcoin Holdings with $10M Purchase
Semler Scientific has added another $10 million worth of Bitcoin to its treasury, acquiring 111 BTC between February and April 2025 at an average price of $90,124 per coin. The healthcare technology firm now holds over 3,300 BTC—a $300 million position—funded through ATM offering proceeds and existing cash reserves.
Chairman Eric Semler highlighted a 23.5% Bitcoin yield for stockholders year-to-date, reinforcing BTC’s role as a strategic asset. The company treats Bitcoin appreciation as a key performance metric, diverging from traditional corporate treasury management while maintaining its Core focus on chronic disease treatment solutions.
Best Altcoins to Watch as Bitcoin Nears $100K
Bitcoin’s surge past $94,000, marking a 10.5% weekly gain, has set the stage for a potential rally toward the $100,000 milestone. Historically, such Bitcoin rallies precede explosive movements in altcoins, often delivering even greater returns.
Market participants are now scouting for high-potential altcoins poised to capitalize on Bitcoin’s momentum. Meme coins and emerging projects are particularly in focus, as they frequently outperform during bullish cycles.
