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1 Jun 2026, 15:05

How Long Until Michael Saylor's Strategy Hits 1,000,000 BTC Holding?

Strategy Chairman Michael Saylor has renewed market attention on the company’s Bitcoin treasury plan after posting another purchase-related signal on X. The post, which read “Working Better,” was shared with a bubble chart tracking Strategy’s Bitcoin acquisitions since 2020. Saylor has used similar chart posts before the company later confirmed new Bitcoin purchases. Strategy remains the largest publicly traded corporate holder of Bitcoin. Company data cited in the report shows that it holds 843,738 BTC at an average purchase price of $75,701 per coin. With a 1,000,000 BTC target often discussed around the company’s long-term treasury strategy, Strategy would need to acquire about 156,262 additional BTC to reach that mark. Source: X Bitcoin traded near $73,566 at the time of the report, below Strategy’s stated average purchase price. That means any near-term buying would likely occur below the company’s existing average cost, depending on the final execution price. Bitcoin also declined 3.65% during May, creating a lower acquisition range than earlier market levels. Strategy Moves Toward Million-Bitcoin Target Reaching 1,000,000 BTC would place Strategy in control of about 4.76% of Bitcoin’s fixed 21 million supply. The company is already more than 84% of the way to that level, based on its current reported holdings. The pace of future purchases will depend on market conditions, access to capital, and shareholder support for its financing tools. Strategy has used equity, debt, and preferred stock products to raise funds for Bitcoin acquisitions. The company has also promoted a broader capital plan known as the “21/21” strategy, which seeks to raise $42 billion through $21 billion in equity and $21 billion in fixed-income or preferred share instruments over a multi-year period. Saylor has argued that managing equity, debt, and Bitcoin together gives the company more flexibility than relying on one source of capital. In a May podcast appearance, he said it was “not unlikely” that Strategy could sell a small amount of Bitcoin before the end of 2026 if capital allocation required it. He described any possible sale as small compared with daily Bitcoin trading volume. STRC Vote Becomes Near-Term Focus The latest purchase signal comes days before a shareholder vote tied to Strategy’s STRC perpetual preferred stock. The company is asking shareholders to approve a change that would allow STRC dividends to be paid twice a month instead of once a month. Strategy says the change could reduce reinvestment delays and improve liquidity, market efficiency, and price stability for STRC investors. The proposal requires approval from holders representing at least 50% of about 85 million STRC shares outstanding as of April 17, 2026. The voting deadline is set ahead of the June 7 annual meeting. Strategy has used public posts and internal communications to encourage shareholders to vote. Chief Executive Phong Le also released a video explaining the proposed amendment and thanking STRC holders for their support. Retail investor participation may play a central role in the result. Research cited in the report showed that retail shareholders voted only about 29% of their owned shares during the past five proxy voting seasons, compared with about 77% for institutional holders. Funding Path Depends on Market Conditions Strategy’s ability to reach 1,000,000 BTC may depend on how long its capital-raising structure remains available at favorable terms. A central part of the company’s approach is its ability to issue shares or preferred instruments while its stock trades at a premium to the value of its Bitcoin holdings. That premium allows the company to raise capital and buy Bitcoin in a way that can increase Bitcoin exposure per share. However, a weaker Bitcoin price or a lower market premium could limit the size and timing of future purchases. STRC also adds dividend obligations. If cash reserves tighten, some market observers have said Strategy could consider limited Bitcoin sales to meet payments or manage capital needs. Such a move would not necessarily end the company’s Bitcoin strategy, but it would affect market expectations around uninterrupted accumulation.

1 Jun 2026, 15:03

Stellar overtakes Cardano with a 76% surge! What does the DTCC deal signal for $XLM?

🚀 $XLM surged 76% in a single week, jumping ahead of Cardano in market value. Stellar’s partnership with DTCC may transform traditional asset tokenization. Continue Reading: Stellar overtakes Cardano with a 76% surge! What does the DTCC deal signal for $XLM? The post Stellar overtakes Cardano with a 76% surge! What does the DTCC deal signal for $XLM? appeared first on COINTURK NEWS .

1 Jun 2026, 15:02

Legendary Trader Peter Brandt Drops XRP Bombshell That Stuns XRP Army

Peter Brandt does not comment on XRP often. The veteran trader has had a complicated relationship with the asset and its community. That makes his latest remarks worth paying close attention to. Crypto pundit BankXRP (@BankXRP) posted a clip from the Crypto Banter podcast, hosted by Ran Neuner. In it, Brandt said, “If you had a bet on a horse to become transactional, it would probably be XRP.” He named XRP first when identifying which cryptocurrencies have the best chance of achieving real-world transactional adoption. “XRP probably is the best,” he said. He listed Solana and Ethereum alongside it, adding that he thinks “most of them are going to end up junk.” Neuner expressed surprise at the comment, noting he did not expect Brandt to speak positively about XRP. legendary trader Peter Brandt just said it on Crypto Banter "if you had a bet on a horse to become transactional… it would be $XRP the man who called crypto tops and bottoms before most of us knew what a chart was… just picked his horse https://t.co/Nufrs2gRoy pic.twitter.com/5WtQEm3tfm — 𝗕𝗮𝗻𝗸XRP (@BankXRP) May 31, 2026 Brandt’s History With XRP Brandt was initially skeptical of XRP, but he later changed his position . Rather than welcoming that shift, portions of the XRP community continued to criticize him. He pulled back from posting about the asset as a result. Since then, he has shared the occasional chart but has largely stayed out of XRP commentary. Despite the friction, his analytical work on XRP has proven accurate. In late 2024, he predicted a significant price move if XRP could break above its 2021 peak of $1.96 . XRP crossed that level, and the move that followed peaked at $3.39 in January 2025. His technical call was correct, and his latest comments show his conviction in the asset has not changed. Brandt’s Opinion on XRP It is worth being precise about what Brandt stated. While he did not call XRP the definitive winner, he said it probably holds the best position among cryptocurrencies competing for transactional use. He placed it ahead of Solana and Ethereum in that specific context. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 His comments were a measured assessment from a veteran trader who has watched this market for years and followed XRP closely enough to make accurate price predictions. Why Brandt’s View Counts Brandt carries credibility in technical analysis circles. He is not a crypto native, which is part of what gives his commentary weight. When someone with his background and his history of skepticism toward crypto names XRP as the most likely candidate for transactional adoption, that is a data point worth noting. BankXRP pointed out that Brandt was calling crypto tops and bottoms before most traders knew what a chart was. He has no allegiance to any asset and no incentive to favor XRP, which adds more weight to his comments on the asset. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Legendary Trader Peter Brandt Drops XRP Bombshell That Stuns XRP Army appeared first on Times Tabloid .

1 Jun 2026, 15:00

Assessing if Ripple’s $1.33B XRP unlock is a warning sign for bulls

XRP faced fresh supply pressure as bullish traders increased exposure despite range-bound price action.

1 Jun 2026, 14:52

178 billion SHIB transferred back to exchanges! What does the spike in reserves mean for investors?

🔥 A massive 178 billion $SHIB has just poured back into exchanges. This sudden spike pushed total exchange reserves of SHIB above 80 trillion. 📉 Investors are now watching a critical support level as market pressure grows. Continue Reading: 178 billion SHIB transferred back to exchanges! What does the spike in reserves mean for investors? The post 178 billion SHIB transferred back to exchanges! What does the spike in reserves mean for investors? appeared first on COINTURK NEWS .

1 Jun 2026, 14:50

Celo Names Former Mento Labs CEO Markus Franke as Global Head of Stablecoins

BitcoinWorld Celo Names Former Mento Labs CEO Markus Franke as Global Head of Stablecoins Celo, the Ethereum Layer 2 network focused on mobile DeFi, has appointed Dr. Markus Franke as its Global Head of Stablecoins, according to an announcement published on the project’s official Medium page. Franke will oversee the expansion of Celo’s on-chain economy, including partnerships, new stablecoin issuance, and institutional adoption strategies. From cLabs to Mento Labs: A Decade of Stablecoin Expertise Franke brings deep roots in the Celo ecosystem. He previously served as a senior economist at cLabs, the early development team behind Celo, and was instrumental in shaping the project’s initial vision before its mainnet launch. He later co-founded Mento Labs, a protocol focused on decentralized stablecoin issuance, and served as its CEO. Under his leadership, Mento Labs developed more than 10 local currency-based stablecoins, including BRLm, which is pegged to the Brazilian real. This appointment signals Celo’s intent to double down on stablecoins as a core growth driver. Stablecoins remain the most widely used on-chain financial product, with total market capitalization exceeding $200 billion across major blockchains. For Celo, which has positioned itself as a mobile-first platform for real-world payments, expanding stablecoin offerings is a strategic priority. Why This Matters for Celo and the Broader Market Celo originally launched as an independent Layer 1 blockchain before transitioning to an Ethereum Layer 2 in 2024. The migration aimed to leverage Ethereum’s security and liquidity while maintaining Celo’s focus on mobile accessibility and stablecoin-based payments. Franke’s appointment comes at a time when stablecoin competition is intensifying, with established players like USDC and USDT facing new challengers from decentralized protocols and regional stablecoins. Franke’s experience at Mento Labs, particularly with local currency-pegged stablecoins, positions Celo to target emerging markets where dollar-pegged stablecoins may face regulatory or usability challenges. Brazil, for example, has seen growing adoption of BRLm for remittances and local commerce, offering a template for similar expansions in other regions. Institutional Adoption and Regulatory Landscape Institutional interest in stablecoins is rising, driven by clearer regulatory frameworks in jurisdictions like the European Union’s MiCA and potential U.S. stablecoin legislation. Celo’s focus on compliant, transparent stablecoin issuance could attract partnerships with traditional financial institutions and fintech companies. Franke’s background in both economic theory and practical protocol development gives him a unique vantage point to navigate these opportunities. The appointment also reflects a broader trend of blockchain projects hiring experienced executives to lead product-specific initiatives, rather than relying solely on generalist leadership. As the crypto industry matures, specialized roles like Head of Stablecoins are becoming more common. Conclusion Dr. Markus Franke’s return to Celo in a dedicated stablecoin leadership role underscores the network’s commitment to becoming a hub for decentralized, accessible, and locally relevant stablecoins. With his track record at Mento Labs and deep understanding of Celo’s architecture, Franke is well-positioned to drive the next phase of the platform’s growth. For users and investors, this signals a focused strategy that could strengthen Celo’s position in the competitive stablecoin market. FAQs Q1: What is Celo? Celo is a mobile-first blockchain platform that focuses on making decentralized financial tools accessible via smartphones. It originally launched as a Layer 1 blockchain and later transitioned to an Ethereum Layer 2 network in 2024. Q2: What does the Global Head of Stablecoins role involve? The role involves overseeing the development and issuance of stablecoins on Celo, forming partnerships with issuers and institutions, and driving adoption strategies for both retail and institutional users. Q3: What is Mento Labs? Mento Labs is a protocol for issuing decentralized stablecoins, initially spun out from the Celo ecosystem. It has launched multiple local currency-pegged stablecoins, such as BRLm (Brazilian real) and others, targeting emerging markets. This post Celo Names Former Mento Labs CEO Markus Franke as Global Head of Stablecoins first appeared on BitcoinWorld .