Famed investor Michael Burry warned that Bitcoin’s selloff could intensify into a self-reinforcing “death spiral,” potentially causing lasting damage to companies that have spent the past year stockpiling the token, _Bloomberg _reported.
Bloomberg, citing comments from Burry’s Substack post on Monday, said
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Michael Burry warns Bitcoin selloff could trigger a “death spiral” - report
Astrid Stawiarz
Famed investor Michael Burry warned that Bitcoin’s selloff could intensify into a self-reinforcing “death spiral,” potentially causing lasting damage to companies that have spent the past year stockpiling the token, _Bloomberg _reported.
Bloomberg, citing comments from Burry’s Substack post on Monday, said