S&P Downgrades Saylorās Bitcoin Strategy Branding It Junk Rated Risk
TL;DR S&P Global Ratings assigns a ‘B-‘ (junk) credit rating to Strategy Inc. The downgrade is due to extreme concentration in Bitcoin and weak dollar liquidity.
TL;DR S&P Global Ratings assigns a ‘B-‘ (junk) credit rating to Strategy Inc. The downgrade is due to extreme concentration in Bitcoin and weak dollar liquidity.
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