Powershell ForEach-Object output

Is there something I need to put where the *'s are so that it correlates with the computer/object and the status?

Yes! You're looking for $_:

Get-Content 'C:\Users\Test\Test\IT\Lists\LaptopList.txt' | ForEach-Object { 
    Write-Host $_
}

As the name indicates, Write-Host writes output directly to the host application - in the case of powershell.exe it writes directly to the screen buffer - which means it doesn't output anything to downstream cmdlets in a pipeline statement like the one you've constructed.

You'll therefore want two separate statements:

Get-Content 'C:\Users\Test\Test\IT\Lists\LaptopList.txt' | ForEach-Object { 
    Write-Host $_
    manage-bde -status
}

Now, manage-bde is not a PowerShell cmdlet - it's a windows executable, and it doesn't support managing remote computers.

So we need something in PowerShell that can run manage-bde on the remote machine - my choice would be Invoke-Command:

Get-Content 'C:\Users\Test\Test\IT\Lists\LaptopList.txt' | ForEach-Object { 
    Write-Host "Remoting into $_ to fetch BitLocker Drive Encryption status
    Invoke-Command -ComputerName $_ -ScriptBlock { manage-bde -status }
}

Here, we instruct Invoke-Command to connect to the computer with whatever name is currently assigned to $_, and then execute manage-bde -status on the remote machine and return the resulting output, if any. Assuming that WinRM/PowerShellRemoting is configured on the remote machines, and the user executing this code locally is a domain account with local admin privileges on the remote computers, this will work as-is.

Further reading:

• about_Remote
• about_Remote_Requirements
• about_Remote_Troubleshooting