Will MSTR Consider Share Buybacks? | Strategy Q3 2025 Earnings Call

In their Q3 2025 earnings call analyst Q&A, Strategy executives outlined how buybacks could function within a bitcoin-based corporate treasury. This discussion now looks prescient as several bitcoin-holding companies have either repurchased shares or even trimmed their bitcoin exposure in the market drawdown.

Strategy Executive Chairman Michael Saylor, in response to analyst Adam Livingston, emphasized that Strategy’s mandate remains centered on expanding its capital base, rather than repurchasing equity at the current point in time, but that all option are on the table.

🔶 Connect with Adam Livingston on X https://x.com/AdamBLiv

Watch the full Q&A here: https://youtu.be/NWgDhtCXNWA?si=tNW8OfgNruwDj-1B

Watch full earnings call here: https://youtu.be/NWgDhtCXNWA?si=Z79m4DoQ5Vs5gKRo

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