Right now, Michael Saylor is getting clowned hard on social media for a staggering $11 billion in unrealized losses as Bitcoin hovers in the low $60k range. With MicroStrategy’s average acquisition cost sitting up at $75k+, critics are screaming that these losses are a fatal blow. But if history is any guide, this isn't the first time the crowd has doubted him. In fact, Saylor has essentially become a reliable macro bottom or local floor indicator. It happened during the crashes of 2021 and 2022, and guess what? The market clowned him, peak capitulation set in, and he recovered completely every single time. Will this time be any different? Who knows. But Bitcoin is mathematically projected to be worth vastly more than its present value, and Saylor is the ultimate permabull. Go figure.(Lark Davis)