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2026-02-04 13:56:20 UTC

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.