「Byte Stock Speculation Earns $30 Million」 Protagonist Review: Surging Hard Drive Prices and Byte's Shortened Data Lifecycle Became Key Signals of Its Focus on the Storage Race

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

He stated that the rise in hard drive prices became the first signal for him to pay attention to the storage track. At that time, there were already reports mentioning AI-driven memory price increases, and hard drive prices also rose simultaneously. The second signal came from his experience as a Data Engineer, as ByteDance was also requiring the team to shorten the data lifecycle, i.e., reduce data storage time, for example, from two to three years to one year or six months, and delete unnecessary data because of insufficient storage resources.

Leto Bao said that based on the rise in hard drive prices, AI storage demand, and research report analysis, he initially bought some relevant targets but did not directly overweight because he had not seen a concrete signal at that time. Later, through 13F institutional holdings, he found that institutions had been increasing their positions in the relevant direction for three consecutive quarters, so he began to increase his position and has been holding it ever since. He said that he still holds storage-related positions and has gained significant profits.

Leto Bao is a former ByteDance employee, known as the "Byte Stock Trading Brother." Due to seizing the AI storage track in US stock investment and achieving substantial profits, it is rumored online that he earned about 30 million RMB and resigned. The story began when he discovered the abnormal price increase when buying a hard drive on Pinduoduo, which led him to research data storage demand and overweight related stocks.