Strategy (MSTR): FY25 Q2 earnings call, Aug 2, 2025
On its Aug 2, 2025 earnings call (FY25 Q2), Strategy said 11 of the 21 words Kalshi listed; Parrot’s count agreed with all 21 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
21 words · 11 settled yes · our count agreed on 21 of 21- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Bitcoin | Yes | 273 | 284 | ✓ | 96%transcripts from the transcript model | – |
| Capital | Yes | 62 | 64 | ✓ | 96%transcripts from the transcript model | – |
| Yield | Yes | 62 | 62 | ✓ | 93%transcripts from the transcript model | – |
| Leverage | Yes | 53 | 53 | ✓ | 96%transcripts from the transcript model | – |
| Treasury | Yes | 42 | 45 | ✓ | 96%transcripts from the transcript model | – |
| Convertible | Yes | 29 | 29 | ✓ | 96%transcripts from the transcript model | – |
| Volatility | Yes | 29 | 29 | ✓ | 94%transcripts from the transcript model | – |
| Strike | Yes | 17 | 17 | ✓ | 90%transcripts from the transcript model | – |
| Holdings | Yes | 9 | 10 | ✓ | 94%transcripts from the transcript model | – |
| Artificial Intelligence / AI | Yes | 6 | 6 | ✓ | 86%n=1+tx from settlement history blended with transcripts | – |
| Capital Gain | Yes | 1 | 1 | ✓ | 55%transcripts from the transcript model | – |
| Cloud | No | 0 | 0 | ✓ | 95%transcripts from the transcript model | – |
| Repayment | No | 0 | 0 | ✓ | 55%transcripts from the transcript model | – |
| Fiat | No | 0 | 0 | ✓ | 40%transcripts from the transcript model | – |
| Dashboard | No | 0 | 0 | ✓ | 32%transcripts from the transcript model | – |
| Digital Gold | No | 0 | 0 | ✓ | 23%transcripts from the transcript model | – |
| Layer | No | 0 | 0 | ✓ | 23%transcripts from the transcript model | – |
| Mobile | No | 0 | 0 | ✓ | 21%transcripts from the transcript model | – |
| Semantic | No | 0 | 0 | ✓ | 21%transcripts from the transcript model | – |
| Connector | No | 0 | 0 | ✓ | 15%transcripts from the transcript model | – |
| Workstation | No | 0 | 0 | ✓ | 15%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
21 matches for “Crypto”; 5 quoted, at least 25 words apart.
…a major change in the political landscape. Yesterday, the White House released Crypto Policy Report. It's about 150 pages long. I did a scan. I'm…
…of it. I think this is just very positive for the entire crypto industry and very positive for Bitcoin. And of course, it's very positive…
…It's clear that he's very supportive of innovation, very supportive of the crypto economy, very supportive of your right to self-custody and this is a…
…in Ukraine, et cetera, all of them making pro Bitcoin moves. The crypto industry has coalesced around Bitcoin. There used to be some conflict 2,…
…can see here on this slide, our company Strategy sits between the crypto economy and the traditional finance economy. So the primary asset and the…
Where the listed words were said
…interactive Q&A session with our 4 Wall Street equity analysts and 4 Bitcoin analysts. Before we proceed, I will read the safe harbor statement. Some…
…company in the U.S. And as part of our expanding and innovative capital markets plan this year, so far, we've launched 4 listed preferred equity…
…with respect to 2025 operating income, net income, earnings per share, BTC Yield and BTC $ Gain and the hypothetical valuation models contained in this…
…asset. And we're able to actually refine it into low volatility, low leverage, less risky financial products and then higher volatility, higher leverage financial products.…
…remaining for further execution. In short, our BPS performance shows how Bitcoin treasury model is consistently accumulating more Bitcoin per share, the highest of any…
…Q3. Here, we show $8.2 billion in total notional debt across our convertible instruments with a market value of over $12.3 billion. All but 2…
…modifying the duration of the asset. And we're also stepping down the volatility of the asset, and we're actually extracting the yield from the asset,…
…offer return. So let's delve into them a little bit closer. First, Strike, S-T-R-K. Strike is structured Bitcoin. So some people, they don't want high…
…some key highlights from Q2 and year-to-date. Through July 29, our Bitcoin holdings were 628,791, which now accounts for 3% of all Bitcoin ever to…
…looking for the next great thing. And everybody, the consensus trade is AI. Everybody knows AI is the next thing. But now they're starting to…
Agents: this page as TSV at /api/v1/appearances/strategy:2025-08-02:earnings_call · words: /api/v1/brief?appearance=strategy:2025-08-02:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP