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S&P downgraded Strategy (formerly MicroStrategy) to B- (junk) citing its ~$74B Bitcoin holdings & heavy crypto concentration. First ever rating for a Bitcoin asset company, says founder Michael Saylor. Risks include volatility & weak capital. #Bitcoin #MicroStrategy #crypto

#blockchain #news #BTC

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Orange Pilled Dictator 2mo ago

Wait, strategy holds bitcoin? Why didn't they disclose that?

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