MicroStrategy has been awarded a B- credit rating with a stable outlook by S&P, recognizing its effective capital strategy centered on Bitcoin acquisition. The company has raised $6.7 billion through preferred shares this year, contributing to a 26% year-to-date return on its Bitcoin holdings. MicroStrategy currently holds 641,000 Bitcoin, valued at approximately $7 billion. Canaccord has reiterated its buy rating for MicroStrategy, increasing the price target from $464 to $474. Despite this positive outlook, MicroStrategy's stock saw a 1.7% decline, trading around $265.