Hedge fund manager Michael Burry has recently sounded the alarm, reminiscent of his 2008 financial crisis warning. This time, his focus involves Big Tech, AI and Bitcoin (BTC). Specifically, Burry warns that a further drop in BTC price could trigger a “death spiral,” especially since there is no “organic use case” for the top crypto. But this is exactly what Bitcoin Hyper (HYPER) is working to change.
As the fastest Layer-2 chain in development for Bitcoin, Bitcoin Hyper delivers extreme scaling with millions of TPS and ultra-low latency for near-instant sequencing. This infrastructure allows BTC to move beyond its current role as a volatile risk asset by transforming it into a functional currency whose demand can buffer during market volatility.
Coincidentally, this approach to building a solid Layer-2 also coincides with the vision shared by Ethereum founder Vitalik Buterin regarding the new path forward for specialized Layer-2 chains.
That’s why with everything it brings to the table, it’s no surprise that Bitcoin Hyper has raised $31.25 million in early-stage funding. New investors, or those looking to add more of its native token HYPER at presale prices, can still join the current round at $0.0136751.
But hurry, as this rate is only available for the next eight hours before the price increases in the next round.
Bury’s Financial Crisis 2.0?
Michael Burry, the investor who famously bet against the U.S. housing market in 2008, has given crypto investors a tough pill to swallow with his latest headlines. In a series of posts on his Substack, Cassandra Unchained, Burry claims that Big Tech, AI, and crypto are currently in a massive bubble.
In particular, he argues that Bitcoin remains a purely speculative asset that has failed to act as a safe-haven alternative to gold.
Burry warns that falling prices could trigger a death spiral, where forced liquidations create a self-reinforcing feedback loop of selling. With Bitcoin currently trading at $71,000, he warns that a drop to $50,000 could push many mining firms toward bankruptcy.
Furthermore, he noted that at the end of January, the crypto decline likely forced institutional investors and corporate treasurers to liquidate up to $1 billion in profitable gold and silver positions just to cover crypto-related losses.
As over 200 public companies now hold a collective $80 billion in BTC – and spot ETFs hold an even larger $114 billion – Burry fears that a continued slide could close off capital markets to these firms, leading to billions in unrealized losses.
https://bitcointreasuries.net/etfs-and-exchanges
He even cautioned that the market for tokenized metals futures could “collapse into a black hole with no buyer” if this spiral continues.
Ultimately, Burry argues that Bitcoin lacks an organic use case reason to slow or stop its descent.
However, he may not yet be aware of Bitcoin Hyper and its mission to create exactly that kind of organic utility for BTC, transforming it into a high-velocity asset where applications, powered by Solana’s speed and Bitcoin’s security, treat it as the primary medium of exchange.
How Bitcoin Hyper Brings Organic Use Cases to BTC
Bitcoin Hyper is building the fastest Layer-2 network on Bitcoin by integrating the Solana Virtual Machine (SVM), which is the high-performance engine behind Solana, and linking it to the Bitcoin network via a canonical bridge. This architecture ensures that transaction validity is governed by ZK Proofs, providing a trustless connection between the two layers.
The canonical bridge operates by locking native BTC on the base chain and minting a wrapped, SVM-compatible version on Bitcoin Hyper. This wrapped BTC acts as the de facto currency within the ecosystem, enabling Solana-Bitcoin hybrid decentralized applications to thrive. These applications can address a broad spectrum of use cases, including financial services and even decentralized social media networks – exactly what Bury argues Bitcoin needs.
As stated earlier, this design is a direct answer to the specialization mandate recently issued by the Ethereum founder. Vitalik argues that modern Layer-2s must move beyond being mere “branded shards” that simply provide extra block space or connect a high-throughput EVM to a multisig bridge.
There have recently been some discussions on the ongoing role of L2s in the Ethereum ecosystem, especially in the face of two facts:
* L2s' progress to stage 2 (and, secondarily, on interop) has been far slower and more difficult than originally expected
* L1 itself is scaling,…— vitalik.eth (@VitalikButerin) February 3, 2026
Instead, he believes a true Layer-2 must offer specialized value, including extreme scaling that delivers millions of TPS that even a beefed-up Layer-1 cannot reach, ultra-low latency enabling near-instant sequencing for high-speed applications, and trustless security that shifts from human-managed multisigs to mathematical certainty via ZK Proofs.
With Bitcoin Hyper leveraging the recent Firedancer upgrade to the SVM to reach a theoretical limit of 1 million transactions per second, it enables Bitcoin Hyper to fulfill this sort of specialization Vitalik mentions, and the ZK Proofs ensure that everything is mathematically and cryptographically proven without human middlemen.
As it meets these specific technical standards, Bitcoin Hyper proves it’s not just a generic Layer-2 but the realization of the next-generation Layer-2 vision. Purpose-built for the Bitcoin network, it then addresses the need for utility to help buffer Bitcoin’s price from further declines by driving demand through real-world use cases.
Not Every Prediction Holds Up in the End
Of course, there are those who still view Michael Bury as a kind of prophet, believing his warnings are guaranteed to come true. But it’s worth noting that since 2015, Bury has been a vocal Bitcoin naysayer and bubble alarmist, repeatedly calling for “shorts” that don’t always pan out, making him somewhat the financial market’s equivalent to the boy who cried wolf.
Each year, he drops quotable lines – what’s death spiral now was “imminent market collapse” in 2015, even though the S&P 500 went on a multi-year bull run. In 2021, he called the market the greatest bubble in history, only for it to hit new heights in 2022.
🚨 BREAKING: Michael Burry predicts a market crash caused by $BTC.
Also Michael Burry: pic.twitter.com/BBy9dINi2E
— Ashot Gabrelyanov (@gabrelyanov) February 4, 2026
That said, his views still deserve some respect, as they hold merit – but they should be taken with a grain of salt and backed by a bit of DYOR. While he’s right that Bitcoin currently lacks an additional use case to buffer its price, that will soon change once Bitcoin Hyper launches.
Here’s How to Join the Bitcoin Hyper Presale
To be part of what Bitcoin Hyper is building for Bitcoin, you can join the presale and secure HYPER tokens before they hit major exchanges, potentially at a higher price. HYPER is the essential gas currency that powers the Layer-2 environment and also the staking token that secures the network.
Head to the Bitcoin Hyper website and buy using SOL, ETH, USDT, USDC, BNB, or even a credit card.
Bitcoin Hyper recommends connecting using Best Wallet, recognized as the best crypto and Bitcoin wallet in the market today. HYPER is already listed in Best Wallet’s “Upcoming Tokens” section, making it easy to buy, track, and claim once the token is live.
Be part of the Bitcoin Hyper community on Telegram and X.
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