“Never Been More Bullish,” Saylor Says as Bitcoin Loses $1.2T in Five Months

Strategy Chairman Michael Saylor has maintained a bullish stance around Bitcoin despite the premier crypto asset losing over $1 trillion in market value.

Bitcoin (BTC) has borne the largest losses within the crypto market in terms of declining valuation, being the largest asset by market cap. Specifically, the global crypto market has lost $2.02 trillion since October 2025, and BTC accounts for $1.2 trillion of this loss, representing 59% of the total.

Despite this, Strategy Chairman and Bitcoin bull Michael Saylor remains optimistic about the crypto firstborn’s future prospects, recently insisting that he maintains a bullish stance on Bitcoin despite Strategy facing unrealized losses worth $7.2 billion from the ongoing market dump.

Key Points

• Bitcoin has lost $1.2 trillion since October 2025, dropping from a peak valuation of $2.52 trillion to the current $1.32 trillion.
• The declining Bitcoin prices have dealt a blow to Strategy’s holdings, resulting in an unrealized loss of $7.2 billion for the firm.
• Despite the current discouraging situation, Strategy Chairman and Bitcoin bull Michael Saylor confirms he maintains a bullish stance on BTC.
• This bullish stance has translated to continued purchases, as Strategy buys $4 billion worth of BTC this year amid the ongoing downturn.

Bitcoin’s $1.2T Loss Puts Strategy at Loss

Saylor disclosed his stance to the Bitcoin community in a recent comment on X while his firm faces paper losses. For context, Bitcoin soared to a peak valuation of $2.52 trillion in October 2025 when its price hit the all-time high of $126,000 then. At this point, Strategy’s BTC holdings had an over $32 billion unrealized gain.

However, as the crypto market saw selling pressure that picked up in Q4 2025, Bitcoin has felt the biggest impact, being the largest asset. Today, BTC has a market cap of $1.32 trillion, translating to a loss of $1.2 trillion in market value. Also, the current price of $66,000 now puts Strategy at an unrealized loss of $7.2 billion.

Saylor Says He’s Never Been More Bullish

Nonetheless, Saylor remains unfazed. In his latest comment, the Strategy Chairman stressed that he had never been more bullish on Bitcoin than he is currently. The Bitcoin permabull expressed this sentiment while prices have dropped 48% from the all-time high, with analysts expecting steeper declines.

Notably, Saylor’s recent post appears to reference a comment from Eric Trump, Co-founder and Chief Strategy Officer of BTC mining firm American Bitcoin. For context, during a forum at Mar-a-Lago, Eric Trump insisted that Bitcoin would rise to $1 million, suggesting that he’s “never been more bullish” on the premier crypto asset. Saylor reposted the comment on X.

The Strategy Chairman’s latest posts on X have also confirmed that his conviction remains the same despite the downturn. Last week, Michael Saylor again urged the public to “go Bitcoin today,” nudging investors into an accumulation trend. According to him, the money will not fix itself.

Go bitcoin today. The money won’t fix itself.

— Michael Saylor (@saylor) February 13, 2026

Strategy Maintains Accumulation Spree

Notably, Saylor is leading by example, with Strategy maintaining its Bitcoin accumulation spree amid the crypto winter. Interestingly, the firm has spent $4.093 billion on its Bitcoin purchases this year alone, while BTC has collapsed 24% within this period. 

Interestingly, Strategy’s last three accumulation announcements came up this month amid struggling prices. The latest announcement disclosed the purchase of 2,486 BTC for $168.33 million on Feb. 17, two days ago. Meanwhile, the last two announcements came up on Feb. 9 and 2, accumulating 1,142 BTC for $90.01 million and 855 BTC for $75.22 million.