S&P hits Strategy with B- ‘junk bond’ rating, citing narrow Bitcoin focus

Cryptocurrency News and Public Mining Pools

S&P hits Strategy with B- ‘junk bond’ rating, citing narrow Bitcoin focus

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.