#Threads日報 : The most important financial story almost nobody understands.
On March 20, 2000, one man lost $6 BILLION in a single day.
Not over months.
Not over weeks.
In six and a half hours.
The SEC confirmed it.
The Washington Post called it “the most any individual had ever lost in 24 hours.”
His name: Michael Saylor.
Fast forward to today:
He controls 672,497 Bitcoin.
That’s ~3.2% of all BTC that will ever exist.
Total cost basis: $50.44 billion.
Here’s what Wall Street missed:
The psychology required to absorb a $6B loss without breaking
is the same psychology required to hold concentrated conviction in a single, violently volatile asset.
This isn’t recklessness.
This is trauma architecture.
The 2000 crash taught him one thing:
Accounting profits are fiction.
Regulators can erase them overnight.
The 2020 Fed response taught him another:
Fiat currency is fiction.
Central banks can debase it overnight.
Bitcoin has: • No earnings to restate
• No balance sheet to manipulate
• No central bank to dilute it
He found the antithesis of everything that once destroyed him.
The falsifiable prediction:
By December 2026, Michael Saylor will either: • Be worth $50B+, or • Experience the second catastrophic loss of his career
There is no middle outcome.
The arithmetic is merciless.
The same man who said in 2013 that “Bitcoin’s days are numbered”
(now a permanent tweet)
holds more BTC than any corporation, any sovereign fund,
and any individual except Satoshi.
Genius?
Or repetition compulsion?
The verdict arrives by 2030.
Bookmark this.
$BTC
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