They Bought Billions at the Top, Here's the Damage Report

Michael Saylor is underwater. Forward Industries is down $1 billion. Solmate just scrapped its $2B merger. Digital Asset Treasury companies all bought the top—and now we're finding out who can survive the drawdown. In this video: - Strategy's $6.5B unrealized loss - Forward Industries: 7M SOL bought at $232, now worth $600M - Solmate merger collapse—first casualty of the bear market - Kyle Samani leaves Multicoin, doubles down on Solana - The liquidation cascade scenario - The bull case for holding through the pain Timestamps: 00:35 Breaking Down the Damage 01:42 The Logic Behind the Investments 02:24 Nightmare Scenarios and Market Reactions 03:10 Strategic Moves Amidst the Chaos 04:17 Future Outlook: Survival and Potential Recovery