TLDR

Bitcoin has lost $1.2 trillion in market value over the past five months.
Michael Saylor remains confident in Bitcoin’s future despite the market downturn.
Saylor’s firm, Strategy, faces an unrealized loss of $7.2 billion due to Bitcoin’s price drop.
Strategy has spent $4.09 billion on Bitcoin purchases this year alone.
Despite the decline, Saylor continues to buy Bitcoin, showing his unwavering optimism.

Bitcoin has seen substantial losses, shedding $1.2 trillion in market value over the past five months. The downturn has significantly impacted the crypto market, but Strategy Chairman Michael Saylor remains confident about Bitcoin’s future. Saylor continues to buy Bitcoin, despite his company’s unrealized losses from the ongoing market decline.

Bitcoin’s Massive Loss: A $1.2 Trillion Hit

Since October 2025, Bitcoin has lost $1.2 trillion, a substantial portion of the crypto market’s total decline. The global cryptocurrency market has seen a total reduction of $2.02 trillion, with Bitcoin responsible for over half of this drop. The cryptocurrency’s market cap has fallen from $2.52 trillion at its peak in October 2025 to $1.32 trillion today.

This steep decline reflects the ongoing struggles Bitcoin faces in the current market. With the price now at $66,000, Bitcoin has seen a 48% drop from its all-time high of $126,000. Despite this, Bitcoin remains the largest digital asset in terms of market capitalization.

Saylor’s Bullish Stance Amid the Decline

Despite Bitcoin’s massive losses, Michael Saylor remains unfazed, insisting that he is more bullish than ever. He maintains this positive outlook even as his firm, Strategy, faces an unrealized loss of $7.2 billion due to the price drop. “I’ve never been more bullish on Bitcoin than I am right now,” Saylor declared in a recent comment on X.

Saylor has been consistent in his belief that Bitcoin’s long-term potential remains strong. He has not altered his stance, even as analysts predict further declines in the crypto market. The Strategy Chairman’s continued optimism stands in contrast to the current bearish sentiment that dominates the market.

Strategy’s Continued Bitcoin Purchases Despite Losses

Despite the ongoing market downturn, Strategy has been actively purchasing Bitcoin. This year alone, the company has spent $4.09 billion on Bitcoin acquisitions. Strategy has continued its buying spree even as Bitcoin has dropped 24% in value during the same period.

The firm’s most recent purchase was made on February 17, 2026, when it bought 2,486 BTC for $168.33 million. This followed two other Bitcoin purchases earlier in February, totaling 1,997 BTC. Saylor’s firm shows no sign of halting its Bitcoin accumulation strategy, even in the face of a prolonged downturn in the market.

The post Bitcoin Loses $1.2T, But Michael Saylor Stays Confident in Crypto’s Future appeared first on Blockonomi.

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Filed under: Bitcoin - @ February 19, 2026 5:23 pm