Peter Schiff is shorting MSTR again, but this time the logic about the buyback is worth considering—if the stock price really gets beaten down to the point where they are forced to sell coins to support it, that would indeed create a negative feedback loop.

CoinWorld News reports that Peter Schiff warned that as MicroStrategy’s (MSTR) stock price declines, Strategy may face the difficult decision of whether to sell Bitcoin. Schiff said that if short sellers continue to exert pressure in the short term, Strategy may consider repurchasing its own shares rather than continuing to increase its Bitcoin holdings. He believes that if short sellers drive down the MSTR stock price in the short term, Strategy may be forced to sell Bitcoin to repurchase shares, which would have a negative impact on the price of Bitcoin. Schiff also mentioned that any forced selling of Bitcoin could affect the broader market. At present, MSTR’s stock price is $96.27, down 7.2% from the previous trading day and approaching its lowest level in two years. Schiff’s warning comes as Strategy’s stock price continues to trend downward.