معاذ المهدي
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🔥Yes, I lost 4 billion dollars on Bitcoin — but I didn’t sell.....
In 2022, when Bitcoin crashed, headlines were everywhere:
“Michael Saylor is about to get liquidated.”
People thought it was over for me. They said MicroStrategy had taken on too much 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 that we could continue to hold the asset in the face of adversity.”
That wasn’t a panic move from me. That 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
In 2022, when Bitcoin crashed, headlines were everywhere:
“Michael Saylor is about to get liquidated.”
People thought it was over for me. They said MicroStrategy had taken on too much 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 that we could continue to hold the asset in the face of adversity.”
That wasn’t a panic move from me. That 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
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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