Peter Schiff Criticizes Bitcoin-Backed Mortgages as Coinbase and Better Launch New Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 29 2026
0mins
Should l Buy BETR?
Source: stocktwits
Peter Schiff's Critique: Economist Peter Schiff criticized crypto-backed mortgages, arguing they increase costs and risks for borrowers by requiring them to take on two loans and finance 100% of a home's value.
New Product Launch: The new crypto-backed mortgage product, backed by Fannie Mae and offered through platforms like Coinbase and Better, allows borrowers to use Bitcoin or USDC as collateral, which supporters claim preserves crypto exposure and avoids capital gains taxes.
Market Sentiment: Retail sentiment around Coinbase stock has returned to a neutral zone, reflecting mixed reactions as the debate over crypto-backed mortgages intensifies, with some users expressing optimism about potential growth in the cryptocurrency market.
Concerns Over Complexity: Critics, including Schiff, argue that the added complexity and leverage of crypto-backed loans may outweigh their benefits, especially in volatile market conditions, raising concerns about the likelihood of default for borrowers managing multiple debts.
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Analyst Views on BETR
Wall Street analysts forecast BETR stock price to fall
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 42.690
Low
40.00
Averages
40.00
High
40.00
Current: 42.690
Low
40.00
Averages
40.00
High
40.00
About BETR
Better Home & Finance Holding Company is a technology-enabled homeownership company. The Company offers mortgage, home equity, and other homeownership products through a digital platform. Its services are designed to support customers across stages of the homeownership cycle, including purchase, ownership, refinance, and sale. Its platform supports both consumer-facing offerings and offerings provided to third-party strategic partners and is designed to scale across products, channels, and market conditions. Its segments include Home Finance and Banking. The Home Finance segment provides homeownership services such as purchase mortgages, refinance mortgages, and home equity lines of credit and closed-end second lien loans for home purchase and refinance, including cash-out refinance and debt consolidation, as well as mortgage related product offerings such as real estate services and insurance services, which includes title insurance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Better Home & Finance to Announce Q1 Earnings on May 7
- Earnings Announcement Schedule: Better Home & Finance Holding (BETR) is set to release its Q1 2023 earnings report on May 7 before market open, with consensus EPS estimates at -$1.61 and revenue expectations at $47.71 million, indicating significant profitability challenges ahead.
- Earnings Forecast Downgrades: Over the past three months, EPS estimates have seen no upward revisions and one downward revision, while revenue estimates have faced three downward adjustments, reflecting a waning market confidence in the company's future performance, which could impact investor sentiment.
- Market Reaction Analysis: Given the declining earnings outlook, BETR's stock price may come under pressure, and investors should closely monitor market reactions post-earnings release to assess whether the company can achieve growth in a competitive financial landscape.
- Financing Dynamics: BETR recently announced a $60 million public offering, a move that may aim to bolster liquidity for future business development, but it could also raise concerns regarding the company's financial health.
See More
Better Launches Home Equity Card to Streamline Financing Process
- Home Equity Card Launch: Better Home & Finance Company unveiled the Home Equity Card at Stripe Sessions 2026, designed to streamline the connection between home equity financing and spending, enabling users to efficiently tap into the $21.4 trillion in available home equity.
- Cost Reduction in Borrowing: The new card aims to eliminate the friction of traditional high-cost unsecured debt by allowing users to draw funds directly from their secured HELOC, thus enhancing flexibility and efficiency in fund utilization without waiting for disbursements.
- Cashback Incentives: Cardholders can earn 1% cashback on eligible purchases, which not only enhances the appeal of home equity spending but also provides additional economic benefits, modernizing household financial management practices.
- Strategic Integration Plan: The Home Equity Card is part of Better's broader strategy to build a fully integrated AI-native home finance platform that connects origination, funding, spending, and planning, with plans to offer it to all approved HELOC customers starting in Summer 2026.
See More
Better Home & Finance to Release Q1 2026 Results on May 7
- Earnings Release Schedule: Better Home & Finance Holding Company will issue its Q1 2026 results before market open on May 7, 2026, highlighting the latest advancements in its AI-driven mortgage and home equity finance platform.
- Conference Call Details: Company leadership will host a conference call and webcast at 8:30 a.m. ET to discuss the results, ensuring investors receive timely access to critical information.
- Investor Relations Website: Investors can register for the live webcast through the company’s website, with the registration link provided in the announcement, underscoring the company’s commitment to transparency and investor communication.
- Technological Innovation Context: As the first AI-native mortgage platform, Better has funded over $110 billion since 2016, leveraging its Tinman® platform to streamline the loan process and enhance customer experience, demonstrating its leadership in the fintech sector.
See More
BETR Shares Surge on Strong Mortgage Sales and Partnerships
- Mortgage Sales Growth: The Mortgage Bankers Association reported a 1.8% increase in overall applications for the week ending April 10, marking the first rise in five weeks, indicating a rebound in market demand that is expected to further drive BETR's business growth.
- Executive Share Purchases: BETR's CEO Vishal Garg and Chairman Harit Talwar purchased shares at market rates in early April, boosting investor confidence and pushing the stock to its highest level since December 2025, reflecting strong executive belief in the company's future.
- Partnership with Coinbase: BETR's collaboration with cryptocurrency exchange Coinbase to offer token-backed mortgages allows Americans to use Bitcoin or stablecoins for cash down payments, a move expected to attract younger customers and expand market share.
- Optimistic Market Sentiment: Sentiment on Stocktwits around BETR stock is deemed 'extremely bullish' with very high message volumes, reflecting strong confidence from retail investors in the company's future performance, with the stock up 40% year-to-date.
See More
Better Home Executives Purchase Additional Company Shares
- Executive Share Purchases: Better Home & Finance's CEO, CFO, CTO, and Chairman have purchased additional shares of the company's common stock, indicating the executive team's confidence and commitment to the company's long-term success, thereby enhancing investor trust.
- Tinman AI Platform Focus: CEO Vishal Garg emphasized the team's focus on scaling the adoption of the Tinman AI platform to increase efficiency and build shareholder value, highlighting the company's strategic emphasis on technological innovation.
- Loan Volume Milestone: Since 2016, Better has funded over $110 billion in loan volume, becoming the first AI-native mortgage and home equity finance platform, showcasing its leadership position in the fintech sector.
- Customer Service Innovation: Betsy™, the first AI loan agent designed exclusively for the mortgage industry, provides 24/7 application status updates and answers questions, significantly improving the homebuying experience and further driving market share growth.
See More
Better Home & Finance Prices Public Offering of 1.875M Shares
- Offering Size: Better Home & Finance announced the pricing of 1.875 million shares of Class A common stock at approximately $32 per share, expecting to raise about $60 million in gross proceeds before underwriting discounts and expenses, indicating the company's capital market financing capability.
- Overallotment Option: The company granted underwriters a 30-day option to purchase an additional 281,250 shares of Class A common stock to cover overallotments, a strategy aimed at enhancing market liquidity and meeting investor demand.
- Use of Proceeds: The net proceeds from the offering will be used for growth capital and general corporate purposes, reflecting the company's proactive strategy to expand its business and enhance operational capabilities.
- Market Reaction: Following the announcement, BETR's stock price fell by 20.69% to $35.56, indicating market concerns regarding the company's current valuation, which may impact future financing and investor confidence.
See More
Better Home & Finance to Announce Q1 Earnings on May 7
- Earnings Announcement Schedule: Better Home & Finance Holding (BETR) is set to release its Q1 2023 earnings report on May 7 before market open, with consensus EPS estimates at -$1.61 and revenue expectations at $47.71 million, indicating significant profitability challenges ahead.
- Earnings Forecast Downgrades: Over the past three months, EPS estimates have seen no upward revisions and one downward revision, while revenue estimates have faced three downward adjustments, reflecting a waning market confidence in the company's future performance, which could impact investor sentiment.
- Market Reaction Analysis: Given the declining earnings outlook, BETR's stock price may come under pressure, and investors should closely monitor market reactions post-earnings release to assess whether the company can achieve growth in a competitive financial landscape.
- Financing Dynamics: BETR recently announced a $60 million public offering, a move that may aim to bolster liquidity for future business development, but it could also raise concerns regarding the company's financial health.
See More
Better Launches Home Equity Card to Streamline Financing Process
- Home Equity Card Launch: Better Home & Finance Company unveiled the Home Equity Card at Stripe Sessions 2026, designed to streamline the connection between home equity financing and spending, enabling users to efficiently tap into the $21.4 trillion in available home equity.
- Cost Reduction in Borrowing: The new card aims to eliminate the friction of traditional high-cost unsecured debt by allowing users to draw funds directly from their secured HELOC, thus enhancing flexibility and efficiency in fund utilization without waiting for disbursements.
- Cashback Incentives: Cardholders can earn 1% cashback on eligible purchases, which not only enhances the appeal of home equity spending but also provides additional economic benefits, modernizing household financial management practices.
- Strategic Integration Plan: The Home Equity Card is part of Better's broader strategy to build a fully integrated AI-native home finance platform that connects origination, funding, spending, and planning, with plans to offer it to all approved HELOC customers starting in Summer 2026.
See More
Better Home & Finance to Release Q1 2026 Results on May 7
- Earnings Release Schedule: Better Home & Finance Holding Company will issue its Q1 2026 results before market open on May 7, 2026, highlighting the latest advancements in its AI-driven mortgage and home equity finance platform.
- Conference Call Details: Company leadership will host a conference call and webcast at 8:30 a.m. ET to discuss the results, ensuring investors receive timely access to critical information.
- Investor Relations Website: Investors can register for the live webcast through the company’s website, with the registration link provided in the announcement, underscoring the company’s commitment to transparency and investor communication.
- Technological Innovation Context: As the first AI-native mortgage platform, Better has funded over $110 billion since 2016, leveraging its Tinman® platform to streamline the loan process and enhance customer experience, demonstrating its leadership in the fintech sector.
See More
BETR Shares Surge on Strong Mortgage Sales and Partnerships
- Mortgage Sales Growth: The Mortgage Bankers Association reported a 1.8% increase in overall applications for the week ending April 10, marking the first rise in five weeks, indicating a rebound in market demand that is expected to further drive BETR's business growth.
- Executive Share Purchases: BETR's CEO Vishal Garg and Chairman Harit Talwar purchased shares at market rates in early April, boosting investor confidence and pushing the stock to its highest level since December 2025, reflecting strong executive belief in the company's future.
- Partnership with Coinbase: BETR's collaboration with cryptocurrency exchange Coinbase to offer token-backed mortgages allows Americans to use Bitcoin or stablecoins for cash down payments, a move expected to attract younger customers and expand market share.
- Optimistic Market Sentiment: Sentiment on Stocktwits around BETR stock is deemed 'extremely bullish' with very high message volumes, reflecting strong confidence from retail investors in the company's future performance, with the stock up 40% year-to-date.
See More
Better Home Executives Purchase Additional Company Shares
- Executive Share Purchases: Better Home & Finance's CEO, CFO, CTO, and Chairman have purchased additional shares of the company's common stock, indicating the executive team's confidence and commitment to the company's long-term success, thereby enhancing investor trust.
- Tinman AI Platform Focus: CEO Vishal Garg emphasized the team's focus on scaling the adoption of the Tinman AI platform to increase efficiency and build shareholder value, highlighting the company's strategic emphasis on technological innovation.
- Loan Volume Milestone: Since 2016, Better has funded over $110 billion in loan volume, becoming the first AI-native mortgage and home equity finance platform, showcasing its leadership position in the fintech sector.
- Customer Service Innovation: Betsy™, the first AI loan agent designed exclusively for the mortgage industry, provides 24/7 application status updates and answers questions, significantly improving the homebuying experience and further driving market share growth.
See More
Better Home & Finance Prices Public Offering of 1.875M Shares
- Offering Size: Better Home & Finance announced the pricing of 1.875 million shares of Class A common stock at approximately $32 per share, expecting to raise about $60 million in gross proceeds before underwriting discounts and expenses, indicating the company's capital market financing capability.
- Overallotment Option: The company granted underwriters a 30-day option to purchase an additional 281,250 shares of Class A common stock to cover overallotments, a strategy aimed at enhancing market liquidity and meeting investor demand.
- Use of Proceeds: The net proceeds from the offering will be used for growth capital and general corporate purposes, reflecting the company's proactive strategy to expand its business and enhance operational capabilities.
- Market Reaction: Following the announcement, BETR's stock price fell by 20.69% to $35.56, indicating market concerns regarding the company's current valuation, which may impact future financing and investor confidence.
See More
