Analyst Slams S&P’s ‘B-’ Rating for Strategy Inc, Says Bitcoin Treasury Model Is “Misunderstood”

Crypto market analyst Adam Livingston has sharply criticized S&P Global Ratings after the agency assigned a ‘B-’ issuer credit rating to Strategy Inc. He called the assessment “hilarious” and said it reveals how deeply traditional finance misunderstands Bitcoin-based capital models. S&P Slams Bitcoin Holdings as Capital Weakness Livingston said the company has been unfairly classified

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