Strategy Earns S&P 'B-' Rating
Bitcoin-backed credit has gone mainstream with S&P assigning a 'B-' rating to Strategy Inc (MSTR), the first-ever rated Bitcoin treasury company.
This milestone marks the first time a major credit rating agency has evaluated a company built on a bitcoin-backed credit model, recognizing the emergence of Bitcoin as collateral in the credit system.
Bitcoin-backed credit is no longer theoretical. It is now a rated financial reality.
- Bitcoin had been accepted by equity markets, ETFs, and corporate treasury conversations.
- Credit markets remained untouched until now, determining who can borrow, at what cost, and against which assets.
This marks a significant moment for corporate finance, as Bitcoin-backed credit becomes a legitimate part of the credit system.
Author's summary: Strategy Inc earns S&P 'B-' rating.