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Currently, Threads only supports saving one draft at a time. :

The Later Help Center provides instructions for scheduling and saving draft posts via desktop. 280546_1347740250

While composing a thread, swipe down or tap , then choose Save draft . Currently, Threads only supports saving one draft at a time

On , long-press the compose button to open your saved draft without deleting your current work. Management Tools swipe down or tap

Start a new post by tapping the (create) icon and selecting your photos or videos. Apply any filters or edits and tap Next . Enter your caption and any tags.

On , tap the + icon to create a post and select the Drafts tab next to your library/gallery.