S&P assigns Strategy a B- junk rating citing Bitcoin risk
In the first-ever rating for a Bitcoin treasury company, S&P just rated Michael Saylor’s Strategy Inc. a B- junk credit. Summary S&P has assigned Strategy a B- junk rating. Rating cites Bitcoin exposure, low liquidity, and concentrated risk. Marks first-ever rating for a Bitcoin treasury-focused company. S&P Global Ratings has assigned Strategy Inc., the Bitcoin-treasury company…


