EconomyStrategy erased nearly $8 billion of net debt in 11 months, putting S&P’s junk rating on the clock
Bitcoin treasury firm Strategy says dollar liquidity rose from $54 million to $6.54 billion by Sept. 7, while convertible debt fell to $6.71 billion. The company said net debt dropped to about $174 million and that it continued raising equity during a period of Bitcoin price stress, strengthening its case for a possible S&P rating upgrade.
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CryptoSlate★★☆☆☆2026-09-11 01:20Original
Strategy erased nearly $8 billion of net debt in 11 months, putting S&P’s junk rating on the clock
Economy