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This dude lost 4 billion dollars on Bitcoin — but he didn’t

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Updated at: 2 hours ago

{"content":"This dude lost 4 billion dollars on Bitcoin — but he didn’t sell..... In 2022, when Bitcoin collapsed, the headlines were everywhere: “Michael Saylor #MichaelSaylor is about to be liquidated.” People thought it was over for me. They said MicroStrategy #MicroStrategy " had taken a huge risk. They looked at the charts and calculated my losses — over 4 billion dollars on paper. And you know what? They weren’t wrong about the numbers. But here’s the part they didn’t understand… I wasn’t scared. Because I had planned for this storm. I knew Bitcoin would be volatile, I knew the critics would gather, but I also knew one thing: conviction without preparation is just gambling. So I told the world: “MicroStrategy has a $205 million loan and needs to maintain $410 million as collateral. We have 115,109 Bitcoins we can pledge. If the price of Bitcoin drops below $3,562, we can provide some other collateral. We anticipated the volatility and structured our budget so we could continue to hold the asset in the face of adversity.” That wasn’t a panic from me. It was a reminder to everyone why I was here. Because the secret is not in looking smart at the top. It’s about surviving at the bottom. I didn’t panic. I didn’t sell. I held on. And I still do. — Michael Saylor #MichaelSaylor $BTC What would you do?","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/28/4abea542dda44e8e9e7fa35459865f55.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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