flash on Nostr: ⚡️🚨 NEW - "Bitcoin slide could wipe out companies" Michael Burry warned that ...
⚡️🚨 NEW - "Bitcoin slide could wipe out companies"
Michael Burry warned that Bitcoin’s ongoing decline could destroy significant value, especially for companies holding large BTC reserves. He said Bitcoin has failed as a safe haven like gold and could push aggressive corporate holders into bankruptcy, triggering broader market fallout. He also highlighted Bitcoin’s correlation with the S&P 500 and its impact on recent drops in gold and silver.
Published at
2026-02-04 13:56:20 UTCEvent JSON
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"content": "⚡️🚨 NEW - \"Bitcoin slide could wipe out companies\" \n\nMichael Burry warned that Bitcoin’s ongoing decline could destroy significant value, especially for companies holding large BTC reserves. He said Bitcoin has failed as a safe haven like gold and could push aggressive corporate holders into bankruptcy, triggering broader market fallout. He also highlighted Bitcoin’s correlation with the S\u0026P 500 and its impact on recent drops in gold and silver.\nhttps://blossom.primal.net/d6e1e77b017cb199f1c7f6b88e4ec73b8a637fbdc7d1f82c98cc7e718fa4f5c3.jpg",
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