Bermuda&#8217;s onchain transition could set a precedent for digital economies, 
influencing global regulatory approaches to blockchain integration.
The post Bermuda moves payment services onchain via Stellar network appeared 
first on Crypto Briefing.

Bermuda moves payment services onchain via Stellar network

Fresh U.S. ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s 
rally this week, but technicals warn of a possible pullback.

Why is Hyperliquid’s HYPE token price up 23% in a day?

OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone 
as foreign and domestic firms compete for market access.

OKX reportedly eyes Coinone stake in South Korea push

Bitcoin price continued consolidating above the key $80,000 psychological 
support level this week as improving institutional sentiment and strengthening 
technical structure fueled speculation that bulls may soon attempt a breakout 
toward the long-awaited $100,000 mark. According to data from crypto.news,…

Will Bitcoin price break $100K as golden cross looms?

Increased tensions may hinder short-term stability in the Strait of Hormuz, 
impacting global markets and geopolitical dynamics.
The post US rejects Iran&#8217;s 14-point proposal amid Strait of Hormuz tensions 
appeared first on Crypto Briefing.

US rejects Iran’s 14-point proposal amid Strait of Hormuz tensions

Strategy now holds 818,869 Bitcoin, worth roughly $66 billion at current 
prices — a position that has become the largest corporate Bitcoin reserve 
anywhere in the world. That stockpile keeps growing, and the instrument 
fueling much of the buying just broke a record. Related Reading: Bitcoin Faces 
Major Test As 37% Recovery Collides With Bear Resistance A New Kind Of Funding 
Tool STRC, the company&#8217;s Variable Rate Series A Perpetual Stretch Preferred 
Stock, recorded $1.53 billion in trading volume on Thursday — the highest 
single-day figure it has ever posted. Chairman Michael Saylor announced the 
milestone on social media, calling it an all-time high in liquidity. The 
preferred stock, known informally as Stretch, has become Strategy&#8217;s go-to 
method for raising money to buy Bitcoin in 2026, stepping in as other funding 
channels have grown harder to access. Senior convertible notes and at-the- 
market equity offerings have both tightened over the past year, pushing the 
company toward preferred stock as its primary capital source. All-time high 
volume. $1.53B of liquidity. Two cents of volatility. Closed at par. $STRC 
pic.twitter.com/aS0dSlkm7d — Michael Saylor (@saylor) May 14, 2026 Stretch 
works by paying investors an 11.5% dividend without touching the company&#8217;s 
common shares. That structure keeps existing shareholders from being diluted 
while still bringing in fresh capital. Based on data from the STRC.live 
tracker, Thursday&#8217;s trading performance could allow Strategy to raise an 
estimated $735 million — enough, in theory, to acquire around 9,066 Bitcoin. 
Whether the company will move forward with a purchase based on those funds 
remains unclear. The Broader Bitcoin Buying Spree Strategy&#8217;s pace of 
acquisition has picked up sharply. The company has bought 56,770 Bitcoin since 
April and more than 101,000 since March, bouncing back after a slow February. 
Bitcoin&#8217;s own price movement has helped the math: the recent rally to around 
$81,000 pushed above Strategy&#8217;s average purchase price of $75,543, putting its 
holdings up 7%. During a first-quarter earnings call on May 5, Saylor said he 
wants Stretch to become the largest credit instrument in the world. Reports 
indicate the company posted a $1.25 billion net loss in Q1 as Bitcoin fell 
during that period, though the situation has since shifted with the price 
recovery. Strategy is not alone in using this type of structure. Strive 
announced Thursday that holders of its own preferred stock, SATA, would begin 
receiving daily dividends starting June 16 — a faster payout schedule than the 
monthly distributions Stretch offers. Tokyo-based Metaplanet has also raised 
funds through preferred stock instruments called MARS and MERCURY to buy 
Bitcoin. Related Reading: XRP Holders Put On Alert As David Schwartz Flags 
Dangerous New Scam A Crowded Field With One Giant Nearly 200 public companies 
now hold Bitcoin on their balance sheets. Strategy remains far ahead of all of 
them. Its 818,869-coin position dwarfs every other corporate holder, and the 
company shows no signs of slowing the accumulation. Preferred stock, for now, 
is the engine making that possible. Featured image from Free3D, chart from 
TradingView

Bermuda moves payment services onchain via Stellar network

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