Will Strategy say “Capital Gain”?

Strategy said “Capital Gain” 2 times on its Jul 30, 2026 call (FY26 Q2), and on 7 of its last 8 calls: 1, 3, 1, 1, 0, 1, 3, 2 times. As of Oct 24, 2026, Strategy said “Capital Gain” on the only call with a settled Kalshi mention market so far, on Aug 2, 2025. Parrot’s p for the next listing is 73% (n=1, from settlement history blended with transcripts), not a forecast.

73%from settlement history blended with transcripts · n=1counts: company speakers + operator
Last 10
1/1Last 10 settled, oldest to newest: yes
Streak
said last time
Last said
Aug 1, 2025
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

Strategy

Capital Gain

Probability
73% · n=1
Settled
1/1 (100%)
Last calls
said in 7 of 8

Next listing counts: company speakers + operator

FY26 Q2 earnings call, Jul 30, 2026 · said 2 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

2 counted (1 in prepared remarks, 1 in Q&A).

Phong LecompanypreparedIn transcript

…us the potential to take tax losses that can then offset future capital gains. Did our Bitcoin sales have an effect on Bitcoin price? We…

Michael SaylorcompanyqaIn transcript

…currently have a business model where they've got a deferred tax on capital gains, and the credit investors have a deferred tax on the credit…

FY26 Q1 earnings call, May 5, 2026 · said 3 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

3 counted (2 in prepared remarks, 1 in Q&A).

Michael SaylorcompanypreparedIn transcript

…it cheap. We sell it dear. Where do the dividends come from? Capital gains fund credit dividends, right? That is the essence of the business.

Michael SaylorcompanyqaIn transcript

…and they will never announce it. They're sitting on $1.2 trillion of capital gains right now in the crypto ecosystem. I guess what I'm saying…

Every match in the transcript

FY25 Q4 earnings call, Feb 6, 2026 · said 1 time (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

1 counted (1 in prepared remarks, 0 in Q&A).

Phong LecompanypreparedIn transcript

…of the digital asset ecosystem and that there should be no unrealized capital gains, taxes on Bitcoin, period. The second thing is we got an…

FY25 Q3 earnings call, Oct 31, 2025 · not said

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FY25 Q2 earnings call, Aug 2, 2025 · said 1 time (counts)

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FY25 Q1 earnings call, May 2, 2025 · said 1 time (counts)

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FY24 Q4 earnings call, Feb 5, 2025 · said 3 times (counts)

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FY24 Q3 earnings call, Oct 30, 2024 · said 1 time (counts)

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Every settled listing

newest first · 1 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Aug 2, 2025Capital GainKalshiYes1

Questions

How many times did Strategy say “Capital Gain” on its last earnings call?
Strategy said “Capital Gain” 2 times on its Jul 30, 2026 call (FY26 Q2), and on 7 of its last 8 calls: 1, 3, 1, 1, 0, 1, 3, 2 times.
How often does Strategy say “Capital Gain”?
As of Oct 24, 2026, Strategy said “Capital Gain” on the only call with a settled Kalshi mention market so far, on Aug 2, 2025.
What is the probability Strategy says “Capital Gain” next time?
73%, from settlement history blended with transcripts (n=1). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Strategy: ‘Capital Gain’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/MSTR/words/capital-gain (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=strategy&word=capital%20gain · quotes: /api/v1/quotes?entity=strategy&word=… · columnar JSON in #parrot-data · llms.txt · MCP