Will Strategy say “Leverage”?
Strategy said “Leverage” 5 times on its Jul 30, 2026 call (FY26 Q2), and on each of its last 8 calls: 30, 27, 18, 53, 12, 14, 13, 5 times. As of Oct 24, 2026, Strategy said “Leverage” on the only call with a settled Kalshi mention market so far, on Aug 2, 2025. Parrot’s p for the next listing is 94% (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
Leverage
- Probability
- 94% · 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)
5 counted (2 in prepared remarks, 3 in Q&A); 1 by speakers the rule does not count.
…outstanding and $6.7 billion of convertible debt outstanding, and a low net leverage of 5.4%, which reflects our debt less our cash reserves divided by…
…STRC. We've learned a lot about the overall characteristics of digital credit leverage, what Layer 2 players do on top of it. What would we…
Counts: company speakers + operator (not listed here; the usual rule)
13 counted (11 in prepared remarks, 2 in Q&A).
…We have $13.5 billion of preferred equity, representing 34% amplification and net leverage of 9% made up of the $8.2 billion of convertible debt. Strategy…
…have approximately $6 billion of net debt, which represents just 9.3% net leverage against our Bitcoin reserve, which is effectively a 10.8x BTC rating. Our…
Counts: company speakers + operator (not listed here; the usual rule)
14 counted (12 in prepared remarks, 2 in Q&A); 3 by speakers the rule does not count.
…market conditions make sense. And over time, we intend to reduce our leverage to further enhance our credit profile. We also added $6.9 billion of…
Every settled listing
newest first · 1 shown| Date | Listed as | Venue | Result | Our count |
|---|---|---|---|---|
| Aug 2, 2025 | Leverage |  Kalshi | Yes | 53 |
Questions
- How many times did Strategy say “Leverage” on its last earnings call?
- Strategy said “Leverage” 5 times on its Jul 30, 2026 call (FY26 Q2), and on each of its last 8 calls: 30, 27, 18, 53, 12, 14, 13, 5 times.
- How often does Strategy say “Leverage”?
- As of Oct 24, 2026, Strategy said “Leverage” on the only call with a settled Kalshi mention market so far, on Aug 2, 2025.
- What is the probability Strategy says “Leverage” next time?
- 94%, 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: ‘Leverage’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/MSTR/words/leverage (CC BY 4.0)
Agents: this page as TSV at /api/v1/word?entity=strategy&word=leverage · quotes: /api/v1/quotes?entity=strategy&word=… · columnar JSON in #parrot-data · llms.txt · MCP