Strategy (MSTR): FY25 Q3 earnings call, Oct 31, 2025

Fri, Oct 31Earnings callSpeaker-labelled transcriptStrategy

No Kalshi or Polymarket word markets were listed for Strategy’s Oct 31, 2025 earnings call (FY25 Q3). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

12 matches for “Convertible”; 5 quoted, at least 25 words apart.

Andrew Kangcompanyprepared

…$71 billion or 72% of total enterprise value. Our $8.2 billion of convertible debt is equal to just 11.6% of our total Bitcoin NAV and…

Phong Lecompanyprepared

…million and about 27% of that or $6.2 million was from the convertible debt market. Year-to-date this year, we've raised $19.8 billion. And what you…

Phong Lecompanyprepared

…successful so far year-to-date. As we start to reduce our reliance on convertible notes, our plan is to allow those to equitize over time. And…

Phong Lecompanyprepared

…stake in the ground. I mentioned the potential equitization of our outstanding convertible debt because these are senior to our preferreds and are at the…

Michael Saylorcompanyprepared

…So let's look at our products, Strike. Strike is structured Bitcoin. It's convertible preferred. So it has some upside via the equity component at 33%…

Agents: this page as TSV at /api/v1/appearances/strategy:2025-10-31:earnings_call · words: /api/v1/brief?appearance=strategy:2025-10-31:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP