"25 years ago today" Micheal Saylor suffered a loss of 6 billion dollars in the "dot-com bubble," setting the record for the highest single-day loss by an individual.

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After the election of pro-crypto President Donald Trump, the stock price of the US listed company Bitcoin hegemony Micro Strategy continued to soar and refreshed a new high at the end of November last year. But 25 years ago today, MicroStrategy founder Michael Saylor suffered the bursting of the Internet bubble, losing more than $6 billion in a single day, the highest loss at the time. (Synopsis: MircoStrategy microstrategy restarts "buy, buy, buy" mode? Full analysis of new financing solutions) (Background supplement: Shenyu Article" MicroStrategy MSTR's Bitcoin Leverage Game: Who Takes the Risk, Who Benefits? Strategy, formerly Micro Strategy, started a frenzied purchase of bitcoin after the election of US President Donald Trump. With 12 consecutive weeks of bitcoin additions, Strategy has accumulated 499,226 bitcoins to date, worth approximately $42 billion. Also because Trump continued to support Bitcoin after his election, MicroStrategy's stock price reached $542.99 on the eve of Bitcoin breaking through 100,000, refreshing a record high and becoming one of the companies that have attracted much market attention in the United States. The dot-com bubble cost Michael Saylor $6 billion What few people know, however, is that MicroStrategy's share price had been in a slump for nearly 20 years before MicroStrategy announced its investment in Bitcoin in 2020. Going back to the previous stock price high could be pushed back to the "Internet bubble" of 2000. At that time, MSTR's stock price once touched $313 under the hype of the dot-com bubble. However, after the "bubble burst" and the SEC accounting investigation, Micro Strategy's stock price fell all the way, and the share price reached a low of around $0.5. In this huge contrast, Michael Saylor, the founder, lost a lot. According to newspaper reports at the time, Michael Saylor lost more than $6 billion in a single day on March 21, 2000, setting a record for the highest one-day wealth loss by a single person at that time. Now, 25 years later, looking back on the major events of 25 years ago, will Michael Saylor, who has returned to the top, lament the heavy losses of that year, or learn the lessons of that time and continue to move forward cautiously in his career. Related Stories Inventory of Global Private Crypto Funds: Data Overview, Regulatory Situation, How to Deal with Taxes? Bitwise launched the "Bitcoin Concept ETF" to track more than 1,000 BTC listed companies, micro strategies, mining companies, game companies... Top 10 Constituents at a Glance Will Micro Strategy Go Bankrupt? Bitcoin villain Peter Schiff warns: If U.S. stocks go bearish, BTC may fall below $20,000 (25 years ago today) Micheal Saylor's "Internet bubble" lost $6 billion, setting a record for the highest single-day single loss" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".

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