Skip to content
All news
General

Michael Burry Adds to PayPal Bet: 'The Body Has Yet to Show'

Michael Burry, the investor known for betting against the housing market in 2008, has added to his position in PayPal (PYPL), stating on Substack that 'the body has yet to show.' The cryptic comment suggests he believes the stock's full potential is not yet realized.

June 15, 2026
2 min read
Source: Stocktwits
Share:

Michael Burry, the famed investor from 'The Big Short,' has increased his bullish bet on payments company PayPal (PYPL). In a post on Substack, Burry noted that he added to his position, adding the cryptic comment: 'The body has yet to show.'

Details of the Increase

Burry did not disclose the size of the increase or the purchase price, but confirmed he remains bullish on the stock. He first revealed a stake in PayPal in Q4 2025, according to SEC filings.

Context

PayPal's stock (PYPL) has underperformed relative to peers in the payments sector, making it a potential value play for long-term investors. Burry is known for investing in undervalued stocks.

What It Means for Investors

Burry's increased stake may signal confidence in PayPal's ability to improve performance and drive future growth. However, investors should exercise caution and not rely solely on the moves of a single investor, no matter how famous.

Frequently Asked Questions

Michael Burry is an American investor famous for his successful bet against the housing market in 2008, depicted in the film 'The Big Short'.

Found this useful? Share it

Share:
This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.