Strategy Inc (STRF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and good evening. I'm CJ, Head of Investor Relations at Strategy. It's an honor to kick off Strategy's first quarter 2026 earnings webinar. I'll be your moderator today. We will start the call with a 16-minute presentation, starting with Andrew Kang, followed by Fong Lee, and then Michael Saylor. This will be followed by a 30-minute interactive Q&A session with four Wall Street equity analysts and four Bitcoin analysts. Before we proceed, I will read the Safe Harbor Statement. Some of the information we provide in the presentation regarding our future expectations, plans, and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including fluctuations in the price of Bitcoin and the risk factors discussed under the caption Risk Factors. in Strategy's annual report on Form 10-K filed with the SEC on Feb 19th, 2026, and the risks described in other filings that Strategy may make with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today. With that, I will turn the call over to Andrew Prang, the CFO of Strategy. Thank you, CJ. First off, I'd like to officially welcome T.J. Jain to his new role as Strategy's Head of Industrial Relations. I also want to take a moment to thank Sharish Jodhia, our Corporate Treasurer, for helping establish and lead our IR function for the last 20 quarters. As our team grows, I know we will strive to continue to provide transparent and relevant information to all of our shareholders and stakeholders. So, welcome, T.J. Now, turning to the quarter's results. We are off to a very strong start in 2026. We now hold 818,334 Bitcoin, which is about 3.9% of all Bitcoin that w...