MicroStrategy receives a S&P credit rating of B- with a stable outlook, and increases its Bitcoin purchases.

The pioneer of Bitcoin reserve strategy, MicroStrategy, originally named MicroStrategy (, has received a B- issuer credit rating from S&P Global Ratings, with a stable outlook, placing it in the speculative grade of junk bonds. Matthew Sigel, head of digital asset research at VanEck, stated that this rating belongs to the high-yield bond sector and will open the door for insurance companies and pension investors to make purchases.

MicroStrategy also announced the fundraising through preferred stock to buy an additional 390 Bitcoins, for a total holding of 640,808 Bitcoins.

Strategy received a Standard & Poor's credit rating of B-

Standard & Poor's Global Ratings has rated Strategy with a B- issuer credit rating, outlook stable, placing it in the speculative grade junk bond category. Michael Saylor proudly stated that this is the first time a major credit rating agency has rated a Bitcoin financial company.

The institution stated that Strategy's balance sheet is highly correlated with Bitcoin, and its low dollar liquidity and negative risk-adjusted capital have surpassed strong capital market access and prudent debt management.

However, S&P has given Strategy a stable outlook, believing that the company will continue to prudently manage the maturity of its convertible bonds, and expects MicroStrategy to continue to pay its convertible bond and preferred stock dividends through the issuance of bonds, preferred stock, and equity while maintaining a strong capital market pipeline. Additionally, under the baseline scenario, S&P does not expect any significant regulatory actions that could pose a major obstacle to Strategy's business model.

Standard & Poor's rating is based on the “issuer credit rating” because MicroStrategy has issued a large amount of convertible bonds and preferred stocks ) that need to pay dividends regularly, similar to bonds (. This is consistent with the rating of the decentralized finance platform Sky Protocol ), which was formerly MakerDAO (. In August, Standard & Poor's also rated it as B-, classifying these two entities as high-risk cryptocurrency-related issuers facing liquidity and market volatility impacts.

VanEck: High-yield bonds will open the door for insurance companies and pension investors to make purchases.

VanEck's Head of Digital Asset Research Matthew Sigel posted a response on X:

“This rating belongs to the high-yield bond sector. Currently able to repay debts, but susceptible to shocks. S&P data: The 5-year default risk for B-rated bond issuers is approximately 15%.”

VanEck has also increased its holdings of MicroStrategy's stock in its fund NODE )MSTR(, and he is optimistic that this rating from Standard & Poor's will open the door for insurance companies and pension investors to make purchases.

Strategy to raise funds through preferred stock to buy BTC, holding a total of 640,808 Bitcoins.

Strategy this time through issuance

10% preferred stock STRF raised 19.4 million USD

8% convertible preferred stock STRK raised 1.7 million USD

10% preferred stock STRD raised 7 million dollars

A total of 434 billion USD was raised and all of it was used to purchase Bitcoin. Strategy acquired 390 Bitcoins this time, with an average cost of 111,117 USD. As of October 27, 2025, Strategy holds a total of 640,808 Bitcoins, with a total cost of 47.44 billion USD, and an average cost of 74,032 USD/Bitcoin.

This article states that MicroStrategy has been given a S&P credit rating of B- with a stable outlook, and is increasing its Bitcoin purchases. It first appeared in Chain News ABMedia.