Strategy said its U.S. dollar-denominated assets now nearly offset its debt, bringing its net leverage ratio down to about 0.1%, according to a Techub News brief citing Cointelegraph. The company, widely known as a major Bitcoin holder, said the shift reflects a much lower level of debt risk than before. It also said the size of its dollar assets is now broadly in line with its liabilities, leaving leverage near a historical low. The update centers on the company’s balance-sheet position and points to a tighter match between liquid dollar assets and outstanding debt.
Strategy said its dollar assets now nearly offset its debt, bringing its net leverage ratio down to about 0.1%, according to Techub News, which cited Cointelegraph.
The company, known as a major Bitcoin holder, said the balance-sheet change indicates a sharp reduction in debt risk. Its dollar assets are now broadly level with its debt, and leverage has fallen to a historical low.
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