Overview
- Burry labeled bitcoin the “tulip bulb of our time” and called the $100,000 milestone “the most ridiculous thing.”
- He argued the asset is “worse than a tulip bulb” because it has enabled criminal activity to “go deep under.”
- The comments came during an interview with Michael Lewis and reflect Burry’s return to public commentary after a quieter period.
- He has recently disclosed large bearish positions against Nvidia and Palantir and has been warning about an AI-driven bubble.
- Bitcoin traded around $88,700 to $90,600 on Tuesday after topping $120,000 in October, as Burry also cautioned that stocks could face years of weakness.