Michael Saylor kept buying while the market slid, and he did it out loud: “Neven been more bullish,” he said in an X post Thursday. His public posts and regulatory filings show Strategy continued to add to its Bitcoin pile even as price swings turned paper gains into big unrealized losses.

The firm’s recent regulatory filing confirms a fresh purchase this month, while market reports and accounting disclosures show the wider hit to corporate treasuries.

Market Value Drop Shakes Portfolios

Bitcoin has shed roughly $1.2 trillion of market value since October 2025, and the wider crypto market has lost about $2 trillion in the same stretch.

Prices that once pushed Bitcoin past $126,000 have fallen back toward the mid-$60,000s. That scale…