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Bitcoin Obsession Costs Saylor — S&P Tags Strategy As ‘Junk’

Bitcoin Obsession Costs Saylor — S&P Tags Strategy As ‘Junk’

Strategy Inc., the company led by Michael Saylor that rebranded from MicroStrategy, was hit with a junk credit grade on Monday as S&P Global Ratings flagged its heavy concentration in Bitcoin and weak...

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1 min
Wall Street Giant S&P Just Launched a Top 50 Crypto Index – What Happens Next?

Wall Street Giant S&P Just Launched a Top 50 Crypto Index – What Happens Next?

S&P Global, the company behind the S&P 500 and Dow Jones Industrial Average, has launched its first hybrid benchmark combining cryptocurrencies and crypto-linked equities, a move that shows another st...

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1 min
S&P debuts Digital Markets 50 index to carry exposure to crypto coins and stocks

S&P debuts Digital Markets 50 index to carry exposure to crypto coins and stocks

According to reports today, S&P Dow Jones Indices, the group behind the S&P 500 and the Dow Jones Industrial Average, has launched a new index, S&P Digital Markets 50, designed to meet the growing inv...

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1 min