Next report · Q3 2026
Not announced yet
Strategy publishes the date on strategy.com; we update this page from it.
Last report:
- Period
- Q2 2026
- Release
- After market close
- Conference call
- 5:00 p.m. ET
Checked on September 25, 2026
Strategy is yet to publish the Q3 2026 date. Until it does, BRVX quotes MSTR seven days a week as a perpetual you can set long or short with up to 100x. Strategy's reporting year matches the calendar, and the July-to-September numbers have landed near the end of October or early November. Its latest results, Q2 2026, were released on July 30, 2026.
Trading with leverage involves significant risk: you may lose your collateral. You trade a price contract, not the share.
Next report · Q3 2026
Not announced yet
Strategy publishes the date on strategy.com; we update this page from it.
Last report:
Checked on September 25, 2026
Strategy, the company formerly called MicroStrategy, reports on a calendar-year basis, so Q3 2026 covers July to September. The Q2 2026 results came out on July 30, 2026, after the US close, followed by a live video webinar at 5:00 p.m. ET. The company announces each date on strategy.com. It held 843,775 bitcoin as of July 26, 2026, according to the Q2 release, and still runs an enterprise analytics software business. Michael Saylor founded the company in 1989; its board adopted a treasury reserve policy in September 2020 that made bitcoin its primary treasury reserve asset. From January 1, 2025 it measures that bitcoin at fair value under ASU 2023-08, where before it could only record impairments.
Last report
Next report
Not announced yet
Names from Strategy's own reporting. We do not publish forecasts.
Strategy's share price tends to follow bitcoin, which trades every day, while Nasdaq is shut at weekends. MSTR on BRVX is quoted around the clock, so the two can be watched side by side.
MSTR has often moved more than bitcoin in percentage terms, in both directions, which makes leverage on it riskier than the same leverage on BTC.
At 5x, a 15.9% move the wrong way or so wipes out the margin.
Trading with leverage involves significant risk: you may lose your collateral. You trade a price contract, not the share.
Check your liquidation priceThe date is not announced yet. Strategy reported Q3 in late October or early November in recent years and publishes the date on strategy.com.
Yes. MicroStrategy renamed itself Strategy; the ticker stayed MSTR.
Its bitcoin is measured at fair value, so every quarter the change in the bitcoin price flows through the income statement.
Key performance indicators Strategy defines itself. They start from the percentage change in bitcoin per assumed diluted share over a period. BTC Gain is the bitcoin held at the start of the period multiplied by that percentage, and BTC $ Gain is BTC Gain valued at the Coinbase bitcoin price. They are not GAAP measures.
Strategy adopted ASU 2023-08 from January 1, 2025, adding $12.7 billion to opening retained earnings. Under the old rules bitcoin was carried at cost less impairment, so only drops were booked; now each quarter's rise or fall in the bitcoin price, measured on Coinbase, goes through the income statement.
Perpetual preferred stocks Strategy sold to raise money. STRF pays a cumulative 10% a year on $100 stated amount, STRD a non-cumulative 10%, and STRC a monthly-adjusted rate paid in cash every month. STRE is denominated in euros and listed in Luxembourg. The release shows how much the company paid on them.
Small next to its bitcoin. Total revenues, which come from the analytics software unit, were $122.4 million in Q2 2026, while changes in the value of 843,775 bitcoin are marked through the income statement every quarter.
5:00 p.m. ET on July 30, 2026, after the results were released at the close.
Funding of 0.0034% an hour, about $0.41 a day on $500, and 0.05% on both the open and the close.
No. BRVX lists a synthetic MSTR perpetual that tracks Strategy's share price in USDT. Bitcoin has its own BTC/USDT market.
Post $100 and BRVX applies 5x, so the MSTR position is worth $500. The entry fee and the exit fee are each 0.05% of $500. Funding runs at 0.0034% every hour, close to $0.41 per 24 hours. Should MSTR shift 10%, profit or loss is near $50; a slide of 15.9% the wrong way leaves nothing of the $100.
No. You trade the price only, so there are no dividends, no voting rights and no claim on Strategy's bitcoin. Margin can be posted in USDT, USDC, BTC, ETH, SOL or BNB.
Trading with leverage involves significant risk: you may lose your collateral. Not available to US persons.