At present, @ saylor holds about 500000 bitcoins at a cost of about 6.6w. In the round of the Internet foam in 2000, old man 👴 Highly optimistic about technology stocks, almost went bankrupt, and finally managed to survive through financial fraud by selling houses and land. ————————————————— During the Internet foam in 2000, Michael Saller, founder of MicroStrategy, was nearly blown out of his position in technology stocks due to high leverage bets. In March of that year, the company was investigated by the SEC for accounting violations and was forced to restate its 1998-1999 financial report. The profit was revised from $12.7 million to a loss of $34 million, causing the stock price to plummet by 62% in a single day. Previously, the company's market value had reached $25 billion, and after the incident, its market value evaporated by over $14 billion. Seler's personal shareholding value has shrunk from $13.5 billion to less than $2 billion, and he is facing liquidation risk due to a $205 million margin loan. He ultimately repaid his debt by selling stocks and properties, but MicroStrategy's stock price fell below $4 in 2002, a drop of over 98% from its peak.