Bitcoin traders have grown increasingly hostile toward Michael Saylor and Strategy as Bitcoin struggles to regain momentum in late 2025, with fears centered on debt, leverage, and forced selling. However, Santiment argues that this extreme negativity may be a contrarian signal, as similar sentiment spikes have historically appeared near local market bottoms. The firm notes that much of the fear is driven by Strategy’s falling stock price and its aggressive Bitcoin-focused strategy, even though immediate liquidation risks are limited. With Strategy slowing purchases, building cash reserves, and allowing more flexible risk management, Santiment suggests that downside risk may already be largely priced in, meaning even modest positive news could quickly shift market sentiment.