S&P hits Strategy with B- ‘junk bond’ rating, citing narrow Bitcoin focus
S&P Global Ratings said Strategy’s high Bitcoin concentration and low US dollar liquidity, among other factors, are weaknesses for the firm.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
S&P Global Ratings said Strategy’s high Bitcoin concentration and low US dollar liquidity, among other factors, are weaknesses for the firm.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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Read on CointelegraphRelated market context
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