'ByteDance Stock Trading Earns 30 Million' Protagonist Reviews: Hard Drive Price Increase and ByteDance Shortening Data Lifecycle Became Key Signals for Heavy Investment in Storage Sector

BlockBeats News, July 5, the protagonist of 'ByteDance Stock Trading Earns 30 Million,' Leto Bao, shared his review of his U.S. stock investment experience on Binance Square, stating that his key judgment stemmed from observing changes in AI storage demand. Leto Bao mentioned that around August last year, his investment style had shifted to value investing, with his main positions allocated to indices, particularly the Nasdaq 100, along with some positions in companies he actively selected, such as Google. At the time, he purchased two hard drives on Pinduoduo while attempting to build a database and backtest investment strategies using quantitative methods. He subsequently noticed a continuous rise in hard drive prices. He stated that the increase in hard drive prices became the first signal that drew his attention to the storage sector. Reports at the time had already mentioned that AI was driving up memory prices, and hard drive prices were rising in tandem. The second signal came from his experience as a Data Engineer. ByteDance was then requiring teams to shorten data lifecycles, meaning reducing data storage durations—for example, from two to three years down to one year or six months—and deleting redundant data due to insufficient storage resources. Leto Bao explained that based on the rise in hard drive prices, AI storage demand, and research report analysis, he initially bought into some related stocks but did not heavily invest because he had not yet seen definitive signals. Later, through analyzing 13F institutional holdings, he discovered that institutions had been increasing their positions in this direction for three consecutive quarters. Only then did he significantly increase his positions, which he has held to this day. He stated that he still holds positions related to storage and has already achieved substantial returns.