In a Substack post, Burry said another 10% drop in Bitcoin’s price could leave Strategy billions underwater and restrict its access to capital markets.
The move comes after SRx Health announced in December that it would be acquiring EMJ Capital, alongside a pivot to an active “Gen2” digital asset treasury strategy under activist investor Eric Jackson.
The bitcoin slump is weighing companies that offer services in cryptocurrency. Webull allows users to buy, sell, and hold bitcoin and other digital assets.
Analysts warned that a data-heavy macro calendar, weak risk appetite, and lingering technical pressures continue to raise volatility risks for crypto markets.
CME Group is set to report earnings on Wednesday, with analysts watching for signs of market volatility and institutional demand for crypto-linked derivatives.
With Bitcoin’s price stuck around the $75,000 support level, analysts believe Dogecoin’s current rally may soon lose momentum as it follows the dominance of Bitcoin.
Robinhood’s shares have been trading below $100 for the last two sessions, failing to get a lift from several factors, including receiving a key role for Trump accounts and the SpaceX IPO offering.
Youtuber Crypto Jebb predicted that Bitcoin will break below $75K and be declared “dead,” as other analysts make similar arguments as capitulation before recovery.
An analyst says Bitcoin is deeply discounted relative to long-term models and liquidity trends, with historical patterns suggesting sharp mean reversion ahead.
