News
Significance:
5/10

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

https://cointelegraph.com/news/sp-global-gives-strategy-b-minus-credit-rating

Brayden Lindrea

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
S&P Global cited Strategy's high Bitcoin concentration and low US dollar liquidity as weaknesses.
Bearish
S&P Global pointed to Sky Protocol’s high depositor concentration, centralized governance, and weak capitalization.