「Byte Stock Trading Earns $30 Million」 Protagonist Review: Surge in Hard Drive Prices and Byte's Shortening Data Lifecycle Identified as Key Signals in Storage Race

BlockBeats News, July 5th, the protagonist of "Byte Stock Speculation Making $30 Million", Leto Bao, retrospect his US stock investment experience at the Binance Plaza, stating that his key judgment came from observing the AI storage demand changes. Leto Bao mentioned that around August last year, his investment style had shifted to value investing, with the main allocation in indexes, especially the Nasdaq 100, and some positions in actively chosen companies, such as Google. At that time, he wanted to quantitatively build a database and backtest investment strategies, so he bought two hard drives on Pinduoduo, only to find that the hard drive prices kept rising.

He stated that the price increase of hard drives became the first signal for him to focus on the storage track. At that time, there were already reports mentioning AI-driven memory price increases, and the hard drive prices were rising simultaneously. The second signal came from his experience as a Data Engineer. Bytedance was also requiring the team to shorten the data lifecycle, reducing data storage time from two to three years to one year or six months, and deleting redundant data, all due to insufficient storage resources.

Leto Bao mentioned that based on the hard drive price increase, AI storage demand, and research report analysis, he initially bought some related targets but did not directly overweight because he had not seen concrete evidence at that time. Later, through the 13F institutional holdings, he discovered that institutions had been continuously increasing their holdings in the relevant direction for three consecutive quarters, which prompted him to increase his position size and has held it ever since. He stated that he still holds storage-related positions and has already gained significant profits.

Leto Bao is a former employee of Bytedance, known as the "Byte Stock Speculation Brother." He seized the AI storage track in US stocks for substantial profits, reportedly earning about 30 million RMB and resigning. The story originated from his discovery of the abnormal price increase when buying hard drives on Pinduoduo, leading him to research the data storage demand and heavily invest in related stocks.