Bitcoin-First Strategy Defies Traditional Credit Ratings as MicroStrategy Stock Rises

Despite receiving a speculative B- credit rating from S&P Global Ratings, MicroStrategy Inc. continues to demonstrate remarkable investor confidence with its stock climbing 2.27% to $295.63. This development marks a significant milestone in financial markets as S&P's assessment represents the first-ever credit rating of a Bitcoin-focused treasury company. The market's response highlights a growing divergence between traditional credit metrics and investor sentiment toward Bitcoin-centric corporate strategies. MicroStrategy, under Michael Saylor's leadership, has firmly established itself as a pioneer in corporate Bitcoin adoption, with its treasury strategy fundamentally reshaping how investors evaluate companies embracing digital assets. The company's ability to attract capital despite the "junk bond" designation suggests that traditional rating agencies may be struggling to properly value Bitcoin-focused business models. This case study illustrates how cryptocurrency adoption is creating new paradigms in corporate finance, where Bitcoin holdings and strategy can outweigh conventional credit concerns. The positive stock performance following the rating announcement indicates that investors are prioritizing MicroStrategy's substantial Bitcoin reserves and future growth potential over traditional credit risk assessments. This trend reflects broader market recognition of Bitcoin as a legitimate treasury asset and strategic corporate investment. As more companies consider following MicroStrategy's lead, the financial industry may need to develop new frameworks for evaluating Bitcoin-adopting enterprises. The company's continued success despite non-investment-grade ratings could encourage other firms to embrace similar digital asset strategies, potentially accelerating corporate Bitcoin adoption across multiple sectors. This development represents a pivotal moment where cryptocurrency strategies are beginning to override traditional financial metrics in determining corporate value and investment appeal.

MicroStrategy’s B- Credit Rating Fails to Deter Investors as Stock Rises

MicroStrategy Inc., the Bitcoin-treasury firm led by Michael Saylor, received a B- credit rating from S&P Global Ratings, placing it in speculative, non-investment-grade territory. Despite the "junk bond" designation, the company’s stock (MSTR) climbed 2.27% to $295.63, reflecting investor confidence in its Bitcoin-centric strategy.

S&P’s rating marks the first-ever assessment of a Bitcoin-focused treasury company by a major credit agency, signaling growing convergence between crypto and traditional finance. The agency cited MicroStrategy’s heavy Bitcoin exposure, limited diversification, and weak dollar liquidity as key risks. Yet, the stable outlook suggests tempered optimism.

The firm holds approximately 640,808 BTC, a bet that continues to polarize analysts. Market reaction indicates that institutional players may be weighing Bitcoin’s long-term potential over short-term credit metrics.

Bitcoin Holds Key Support Levels Amid Easing Inflation Pressures

Bitcoin demonstrates resilience NEAR critical support levels despite macroeconomic headwinds, trading at $114,508—below its all-time high of $128,198. Market participants remain attentive to shifting inflation dynamics and geopolitical developments.

Analysts highlight $113,600 as a pivotal support threshold. 'Maintaining this level confirms constructive market structure,' notes a Bitfinex representative. Breaching this floor could trigger accelerated selling pressure.

While US inflation shows signs of moderation, consumer purchasing power continues eroding. The cryptocurrency's performance reflects this dichotomy—benefiting from monetary policy expectations while confronting persistent cost-of-living challenges.

Metaplanet Launches $500M Bitcoin-Backed Share Buyback to Target 1% of BTC Supply

Metaplanet has unveiled an aggressive capital strategy centered on Bitcoin, approving a $500 million share repurchase program funded by its BTC reserves. The Tokyo-listed firm will buy back up to 150 million shares—13.1% of its outstanding stock—between October 2025 and October 2026.

The move accelerates Metaplanet's ambitious plan to accumulate 1% of all bitcoin by 2027. A $500 million credit facility collateralized by the company's BTC holdings will finance the buyback, reflecting growing institutional confidence in Bitcoin as a treasury asset.

Metaplanet's newly adopted Capital Allocation Policy prioritizes Bitcoin yield optimization through disciplined equity management. 'This isn't just a buyback—it's a Leveraged bet on Bitcoin's scarcity,' said a market analyst familiar with the strategy.

Strategy (MSTR) to Report Q3 Earnings Amid Bitcoin Accumulation

Strategy (MSTR), the rebranded MicroStrategy, prepares to unveil its Q3 2025 results on October 30, with Wall Street anticipating a narrowed loss of $0.10 per share against a year-ago deficit of $1.72. Revenue is projected to edge up 0.5% to $116.65 million, as the firm cements its status as a premier Bitcoin proxy stock—shares have climbed 16% over the past year.

The company recently bolstered its Bitcoin treasury, purchasing 390 BTC at an average price of $111,117 per coin, funded by a $43.4 million preferred stock sale. Its total holdings now stand at 640,808 BTC, worth $47.44 billion, acquired at an average cost of $74,032 each. This aggressive accumulation underscores Strategy’s bullish stance on Bitcoin, leveraging institutional adoption and favorable regulatory shifts.

Citi analyst Peter Christiansen has initiated coverage ahead of the earnings release, signaling heightened scrutiny of Strategy’s crypto-centric strategy. The market watches whether its Bitcoin bet will continue to offset operational challenges.

Bitcoin Holds Above $115K Amid Fed Rate Decision Anticipation

Bitcoin maintains its position above $115,000 as global markets respond to easing US-China trade tensions. The cryptocurrency's resilience comes alongside a broader risk-on sentiment, with traditional equities and currencies like the yuan and Australian dollar gaining ground.

Institutional interest in Bitcoin continues to grow, evidenced by Ledn's milestone of $1 billion in Bitcoin-backed loans this year. Meanwhile, American Bitcoin—backed by Eric TRUMP and Donald Trump Jr.—has expanded its treasury holdings to 3,865 BTC, now valued at $445 million.

Derivatives markets show heightened activity, with Bitcoin open interest reaching $37.63 billion ahead of the Federal Reserve's expected quarter-point rate cut. Technical indicators suggest a potential breakout toward $124,000 if the $117,600 resistance level is breached.

F2Pool's Chun Wang Opposes BIP-444 Proposal, Sparking Bitcoin Community Debate

F2Pool co-founder Chun Wang has publicly rejected the BIP-444 proposal, labeling it as "a bad idea" and refusing to support any FORM of soft fork, whether temporary or permanent. The proposal, aimed at reducing network spam through short-term technical adjustments, has ignited fresh controversy within the Bitcoin community.

Wang, who gained fame earlier this year as the first Bitcoiner to travel to space, criticized developers for "moving further in the wrong direction." He warned that short-term fixes could compromise Bitcoin's long-term integrity. His remarks highlight growing tensions between innovation and decentralization in Bitcoin's Core development.

The debate intensified when Bitcoin CORE developer Luke Dashjr countered Wang's stance, asserting that "users decide protocol changes, not miners." Dashjr's response referenced the contentious 2017 SegWit2x fork, drawing parallels to the current divide.