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Investments

4

About Michael Burry

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Latest Michael Burry News

Michael Burry Says He Received Subpoena from SEC Over GameStop

Sep 24, 2021

25 Sep 2021, 3:03 AM IST 25 Sep 2021, 1:28 AM IST 25 Sep 2021, 3:03 AM IST Save (Bloomberg) -- Michael Burry, whose bullish stance on GameStop Corp. helped lay the foundations for the retail-investor frenzy, said Friday that he had received a subpoena from the Securities and Exchange Commission as a part of an investigation involving the company. (Bloomberg) -- Michael Burry, whose bullish stance on GameStop Corp. helped lay the foundations for the retail-investor frenzy, said Friday that he had received a subpoena from the Securities and Exchange Commission as a part of an investigation involving the company. “With all that’s going on in the world....,” Burry wrote in a tweet, attaching a copy of the SEC letter. Burry, 50, didn’t reply to phone and email messages requesting that he elaborate on the tweet, which appears to have been deleted. The SEC didn’t immediately respond to an email. Burry, the head of Scion Asset Management who rose to prominence after his winning wager against mortgages ahead of the 2008 financial crisis, took a bullish stance on GameStop in 2019. That helped spur the epic surge in the video-game retailer’s shares during the meme-stock frenzy early this year. In January, he said the rally had gotten out of hand, calling it “unnatural, insane, and dangerous.”

Michael Burry Investments

4 Investments

Michael Burry has made 4 investments. Their latest investment was in Xola as part of their Series A on January 1, 2016.

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Michael Burry Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/4/2016

Series A

Xola

$5M

No

8

8/17/2015

Seed VC

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$99M

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10

2/4/2014

Seed VC

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$99M

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10

6/6/2011

Seed

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$99M

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10

Date

1/4/2016

8/17/2015

2/4/2014

6/6/2011

Round

Series A

Seed VC

Seed VC

Seed

Company

Xola

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Amount

$5M

$99M

$99M

$99M

New?

No

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Co-Investors

Sources

8

10

10

10

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