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While the filteroors are talking about a confiscatory fork, the biggest news for suits in Bitcoin is this:
We view Strategy's high bitcoin concentration, narrow business focus, weak risk-adjusted capitalization, and low U.S. dollar liquidity as weaknesses. These are only partially offset by the company's strong access to capital markets and prudent management of its capital structure, including maintaining no maturities in the next 12 months and financing its business primarily with equity.
We assigned our 'B-' issuer credit rating to Strategy.
There has been some divergence.
112 sats \ 1 reply \ @BlokchainB 11h
Why not post this in stacker stocks? But it is LOL the S&P gave this a junk bond rating. this video does a great job explaining this credit rating which is in the same boat as Hertz and Jet Blue hahah
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Ah! You are right, I should have put it there. I was chuckling to myself when I posted it, and in a troll mindset, so ~lol seemed right. But it belongs in stocks.
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