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Doubtful. Bloomberg would have to do extraordinarily well to outright win the nomination (or even have the delegate lead heading into the convention). If they head into the convention with Sanders having the most delegates then the Dem's handing the nomination to Bloomberg would ensure open...

There already is a civil war inside the Democrat Party. It will just get worse going forward. Their best chance to head one off is for Sanders to win the nomination and then to get crushed in the general by Trump. That will very likely lead to the majority of the party ejecting the crazy left...

Oh Bloomberg would probably be less bad for the country than Sanders. Bloomberg at least has some understanding of how money works.

He's actually in for around $200 million so far. https://projects.fivethirtyeight.com/2020-fundraising-q4/