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.
53 matches for “Leverage”; 5 quoted, at least 25 words apart.
…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.…
…we start with 199,000 Satoshis a share. And if we have no leverage, if we have no credit strategy, we couldn't issue credit, then 10…
…rapidly as we're building the Bitcoin. And if we go to 20% leverage, you see you end up with 376,000 Satoshis a share. And now…
…So I'm going to show you what happens as you increase the leverage and a Bitcoin Treasury Company like ours. You see if we have…
…here, as Bitcoin grows faster, the amplification increases. If we hold the leverage constant the Bitcoin grows at 50%, you're a 4.7 lever. And you…
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…
…the performance of Bitcoin. In the extreme, if you go to 50% leverage and Bitcoin goes on a tear and grows 50% a year, you're…
…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…
…guidance that digital assets should not be included when calculating CAMT unrealized capital gains taxes or when calculating CAMT minimum taxes. And so we have…
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