Michael Burry Slams Bitcoin at $100K: What’s Next for the "Big Short" Legend After His Subprime Crisis Call?

• Why Did Michael Burry Compare Bitcoin to Tulip Mania?
• Burry’s Big Short Legacy: Genius or Broken Clock?
• Gold Over Crypto: Burry’s 20-Year Bet on "Real" Safe Havens
• Bitcoin in 2025: Bull Market or Burry’s Bubble?
• FAQs: Michael Burry vs. Bitcoin

Michael Burry, the investor who famously predicted the 2008 housing crash, just called bitcoin "ridiculous" at $100,000—comparing it to the 17th-century tulip mania. But with his hedge fund shutting down and mixed post-2008 track record, does his critique hold weight? We dive into Burry’s crypto skepticism, his recent bets against tech giants like Nvidia, and why gold remains his safe haven. Plus, a look at Bitcoin’s volatile 2025 price swings and whether Burry’s warnings are déjà vu or a wake-up call.

Why Did Michael Burry Compare Bitcoin to Tulip Mania?

In a rare December 2025 interview with Michael Lewis, Burry didn’t hold back: "Bitcoin is our era’s tulip bulb—except worse, because it enables criminal activity at scale." His timing was sharp. BTC had just corrected from its October 2025 peak of $120K to ~$88.7K, making his $100K critique a headline magnet. The analogy? The 1637 Dutch tulip bubble, where single bulbs cost more than houses. Burry’s stance isn’t new—he deleted a 2021 tweet calling crypto a "speculative bubble"—but his persistence raises eyebrows. As the BTCC team notes, "Burry’s bearishness contrasts with institutional adoption, but his subprime foresight earns him a microphone." (Source: CoinMarketCap)

Burry’s Big Short Legacy: Genius or Broken Clock?

Flashback to 2008: Burry’s $700M subprime bet made him a legend. Cut to 2025, and his Scion Asset Management is closing shop. A November 10 SEC filing revealed he’s liquidating positions, telling investors his "value estimates no longer align with markets." Ouch. Recent misfires include:

• 2021: A $530M short on Tesla (closed at a loss months later)
• 2021: Selling GameStop shares too early, missing the meme-stock moonshot
• 2015–2017: Multiple doomsday predictions that never materialized

As one Wall Street trader quipped, "Even prophets get cloudy crystal balls."

Gold Over Crypto: Burry’s 20-Year Bet on "Real" Safe Havens

While trashing Bitcoin, Burry quietly holds gold since 2005—a move that’s returned ~300% vs. BTC’s wilder ride. His other 2025 plays? A $1.6B short on Nvidia and Palantir, doubling down on his tech skepticism. "He’s betting against hype cycles," says a BTCC analyst. "Problem is, sometimes hype becomes reality." (Source: TradingView)

Bitcoin in 2025: Bull Market or Burry’s Bubble?

December’s $90K BTC price sits at a crossroads. Bulls point to ETF approvals and halving momentum; bears echo Burry’s "tulip" warnings. Historical context: BTC dropped 80% after 2017’s $20K peak but rebounded to new highs. This time? "Macro risks like Fed policies could validate Burry—or make him the boy who cried bubble," notes Bloomberg.

FAQs: Michael Burry vs. Bitcoin

What’s Michael Burry’s net worth in 2025?

Estimated at ~$900M, mostly from personal investments after Scion’s closure.

Has Burry ever invested in crypto?

No public records confirm holdings. His critiques suggest he’s staunchly anti-crypto.

Is Bitcoin really like tulip mania?

Debatable. Tulips had zero utility; BTC powers blockchain networks—but both saw speculative frenzies.