Strategy (MSTR) is scheduled to report Q3 2026 results after the close on October 29, with consensus EPS estimates ranging from roughly $8 to $23 per share versus $8.42 a year earlier. The 97% market-implied probability of a beat is driven primarily by fair-value accounting for its substantial Bitcoin holdings, which are projected to generate more than $20 billion in digital-asset gains this quarter after the prior period’s large loss. Revenue is expected near $128–130 million, reflecting modest software-subscription growth. While historical EPS beat rates remain low, the magnitude of the anticipated crypto gain creates a wide margin above consensus. Tail risks include any sharp Bitcoin price reversal before the close or unexpected accounting or one-time items that could narrow the surplus.