S&P Slaps Michael Saylor’s Strategy With Junk Rating Over Bitcoin-Heavy Balance Sheet
S&P Global Ratings has given Michael Saylor’s Strategy a “B-” credit rating, a degree thought of junk or speculative grade. The agency, previously often called MicroStrategy, earned the score as a consequence of its heavy Bitcoin publicity, restricted enterprise diversification and weak greenback liquidity. S&P stated the outlook for the corporate stays steady. The score…
