This article presents a literature review and a bibliometric analysis of academic research on COVID-19 in strategy journals. The research topic is highly relevant considering the importance and the impact of the COVID-19 pandemic on companies' strategies worldwide and the fact that this pandemic has represented at the same time danger and opportunity for companies. The study comprises a review of 241 articles published in peer-reviewed journals from 2020 to the first quarter of 2022. Bibliometric and science mapping methods apply indicators identifying the most prominent journals, authors, countries, institutions, and topics. This approach allows a literature review highlighting the importance of five clusters on the COVID-19 impact on strategy journals: entrepreneurship, innovation, digital transformation, leadership, and resilience. They are strongly interrelated, and this study shows there are still many areas for further research within and outside these clusters. COVID-19 context offers perfect conditions to test theories and implement new research projects considering the high risk for other events of this type in the future.