Strategy Earnings Preview: Bitcoin Volatility Ahead

Strategy Inc (MSTR) is set to report its second-quarter earnings on July 30 after the market closes. Analysts expect non-GAAP EPS of $3.07 and revenue of $124.48 million for Q2. Revenue estimates have increased, with seven upward revisions, but there have been two cuts to EPS forecasts.

The company's results may be impacted by fluctuations in Bitcoin prices, which could lead to significant balance-sheet hits. Strategy Inc is exposed to the cryptocurrency market through various investments and holdings.