Strategy stated that during the last bear market, BTC dropped to 50% of the purchase cost but still insisted on buying, which may imply a continued increase in holdings

The Bitcoin treasury company Strategy posted on the X platform that during the 2022 crypto bear market, the company's average purchase cost was $30,000, while at that time the trading price of Bitcoin had dropped to as low as $16,000, with the market price being only 50% of its purchase cost. However, Strategy bought more Bitcoin, suggesting that this bear market will continue to increase Bitcoin holdings.