🧵 THE MOST IMPORTANT FINANCIAL STORY NOBODY REALLY UNDERSTANDS
On March 20, 2000, one man lost **$6 BILLION in a single day**.
Not months. Not weeks.
Six and a half hours.
The SEC confirmed it.
The Washington Post called it the largest personal loss ever recorded in 24 hours.
His name: **Michael Saylor**.
Fast forward to today:
• He controls **672,497 BTC**
• That’s **3.2% of all Bitcoin that will ever exist**
• Cost basis: **~$50.44B**
🧠 What Wall Street missed:
The psychology that survives a $6B loss
is the SAME psychology that enables extreme conviction.
This isn’t recklessness.
It’s **trauma-trained conviction**.
What he learned in 2000:
• Accounting profits are fragile
• Regulators can erase value overnight
What he learned in 2020:
• Fiat money is fragile
• Central banks can debase it overnight
Bitcoin offers:
• No earnings to restate
• No central bank to debase
• No dilution
He didn’t just buy an asset.
He found the **antithesis of everything that destroyed him**.
📌 The falsifiable bet:
By December 2026, Saylor will either:
• Be worth **$50B+**
OR
• Face his second historic collapse
There is no middle ground.
The math is merciless.
The man who once said “Bitcoin’s days are numbered”
now owns more BTC than any corporation or sovereign fund.
Genius…
or repetition compulsion?
The verdict arrives by 2030.
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