Bitcoin Obsession Costs Saylor — S&P Tags Strategy As ‘Junk’
Strategy Inc., the corporate led by Michael Saylor that rebranded from MicroStrategy, was hit with a junk credit score grade on Monday as S&P Global Ratings flagged its heavy focus in Bitcoin and weak greenback liquidity. According to S&P, the agency’s steadiness sheet is tied intently to the value of Bitcoin and carries dangers that…
