Will Strategy say “Convertible”?
Strategy said “Convertible” 14 times on its Jul 30, 2026 call (FY26 Q2), and on each of its last 8 calls: 29, 42, 35, 29, 12, 17, 13, 14 times. As of Oct 23, 2026, Strategy said “Convertible” on the only call with a settled Kalshi mention market so far, on Aug 2, 2025. Parrot’s p for the next listing is 95% (n=1, from settlement history blended with transcripts), not a forecast.
- Last 10
- 1/1Last 10 settled, oldest to newest: yes
- Streak
- said last time
- Last said
- Aug 1, 2025
- Counts
- company speakers + operator
Where it was said
quotes of at most 25 words; select an appearance
Strategy
Convertible
- Probability
- 95% · n=1
- Settled
- 1/1 (100%)
- Last calls
- said in 8 of 8
Next listing counts: company speakers + operator
Counts: company speakers + operator (not listed here; the usual rule)
14 counted (7 in prepared remarks, 7 in Q&A); 4 by speakers the rule does not count.
…$8.2 billion to $6.7 billion, driven by the $1.5 billion repurchase of convertible debt, which we executed at an 8% discount in Q2. Preferred equity…
…a net reserve of approximately $36.3 billion, which nets out our out-of-the-money convertible debt and preferred equity balances. Here, amplification calculated as our BTC reserve…
Counts: company speakers + operator (not listed here; the usual rule)
13 counted (12 in prepared remarks, 1 in Q&A).
…and net leverage of 9% made up of the $8.2 billion of convertible debt. Strategy is building around Bitcoin as digital capital. We have approximately…
…from issuances of our preferred, primarily Stretch. No longer are we issuing convertible debt to raise capital. How does that compare to the rest of…
Counts: company speakers + operator (not listed here; the usual rule)
17 counted (15 in prepared remarks, 2 in Q&A); 3 by speakers the rule does not count.
…ended the year at $8.2 billion, which takes into account a new convertible bond as well as an equitization of a prior convert, which we…
Every settled listing
newest first · 1 shown| Date | Listed as | Venue | Result | Our count |
|---|---|---|---|---|
| Aug 2, 2025 | Convertible |  Kalshi | Yes | 29 |
Questions
- How many times did Strategy say “Convertible” on its last earnings call?
- Strategy said “Convertible” 14 times on its Jul 30, 2026 call (FY26 Q2), and on each of its last 8 calls: 29, 42, 35, 29, 12, 17, 13, 14 times.
- How often does Strategy say “Convertible”?
- As of Oct 23, 2026, Strategy said “Convertible” on the only call with a settled Kalshi mention market so far, on Aug 2, 2025.
- What is the probability Strategy says “Convertible” next time?
- 95%, 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: ‘Convertible’ mention history”, as of Oct 23, 2026, https://parrot.markets/earnings/MSTR/words/convertible (CC BY 4.0)
Agents: this page as TSV at /api/v1/word?entity=strategy&word=convertible · quotes: /api/v1/quotes?entity=strategy&word=… · columnar JSON in #parrot-data · llms.txt · MCP