S&P Global Ratings gave Strategy Inc. a stable ‘B-’ rating, citing its heavy Bitcoin exposure and limited dollar liquidity despite ongoing capital market access.
A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking.
The Finance Issue explores Bitcoin’s evolution from a peer-to-peer currency to a global financial reserve, examining its integration into corporate treasuries and mainstream finance.
Strategy, the world’s largest corporate holder of Bitcoin, reported $3.9 billion in fair value gains from their Bitcoin holdings for the third quarter.
Michael Saylor has never shied away from grand visions, but his latest roadmap Strategy’s Bitcoin strategy may be his boldest yet.
In a wide-ranging conversation...
Strategy, the world’s largest corporate holder of bitcoin, added 196 BTC to its treasury last week for $22.1 million at an average price of $113,048 per coin, according to a U.S. SEC filing.
I disagree with Bitcoin and crypto industry leaders like Michael Saylor and Brian Armstrong, who are proposing building a new debt system on top of bitcoin, which was built to be a definancializing force.