I also looked into this at one point, and MSTR value was so incredibly correlated with the spot price of BTC that it makes sense their results didn't imapct val

I also looked into this at one point, and MSTR value was so incredibly correlated with the spot price of BTC that it makes sense their results didn't imapct value - everyone knows their value is entirely BTC and are trading it as a bitcoin proxy. They don't need some earnings report. Although I wouold guess either a big buy or big sell reported in their reports would crash their price.