“Michael Burry Warns BTC Crash Could Deepen Into a Death Spiral; More Declines Could Mean Bankruptcy For Miners”
“Bitcoin is now exposed as a completely speculative asset and does not qualify as a debasement hedge like gold or silver.”
On 2026-02-03, Michael Burry (Investor) declared Bitcoin dead via International Business Times. Bitcoin was trading at ~$75,634 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 3, 2026, when one Bitcoin traded for approximately $75,634. Bitcoin remains below its price on the day of this declaration — for now.