Regulation

Strategy erased nearly $8 billion of net debt in 11 months and put S&P’s junk rating on the clock

CryptoSlate1h agoUpdated 55m ago
Strategy erased nearly $8 billion of net debt in 11 months and put S&P’s junk rating on the clock
Smart Read

Strategy, the largest Bitcoin treasury firm, is making a case for an escape from its B- junk credit rating after building billions of dollars in liquidity and reducing debt. On Sept. 10, Strategy’s head of investor relations, Chaitanya Jain, said the Michael Saylor-led company has strengthened its balance sheet in the…

Coins in this story

Discussion

Related stories

CryptoSlate

OpenAI’s math breakthrough exposes the next weak link in crypto security

Its Navier–Stokes claim suggests a possible role for AI in contract verification, where flawed specifications can leave vulnerabilities undetected. The post OpenAI’s math breakthrough exposes the next weak link in crypto security appeared first on CryptoSlate.

Bitcoin Magazine

Ringleader of $245M Crypto Theft Pleads Guilty

Bitcoin Magazine Ringleader of $245M Crypto Theft Pleads Guilty The 22-year-old criminal ringleader led one of the biggest bitcoin heists in U.S. history. This post Ringleader of $245M Crypto Theft Pleads Guilty first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Updated Crypto Clarity Act Starts Circulating Days Before Key Vote

Bitcoin Magazine Updated Crypto Clarity Act Starts Circulating Days Before Key Vote A new draft of the long-awaited bill has been circulated by Senate Republicans. This post Updated Crypto Clarity Act Starts Circulating Days Before Key Vote first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.