{"podcast":{"title":"The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin","slug":"the-canadian-bitcoiners-podcast-bitcoin-news-with-a-canadian-spin-3675724","podcast_index_feed_id":3675724,"rss_url":"https://anchor.fm/s/538d43f4/podcast/rss","website_url":"https://www.canadianbitcoiners.com","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/13917669/13917669-1691149834714-d222232ee12ef.jpg","author":"Joey and Len","episode_count":351,"summary":"The Canadian Bitcoiners Podcast focuses on Bitcoin, Canadian Bitcoin news, and news from around the Bitcoin and crypto world. New episodes release every Wednesday, and you can follow Joey on Twitter (@JoeyTweeets) or Len (@TheBTCPriceBot) to give feedback or suggest topics. Share, subscribe and ENGAGE.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/the-canadian-bitcoiners-podcast-bitcoin-news-with-a-canadian-spin-3675724"},"episode":{"title":"Saylor Just Broke Bitcoin's Golden Rule — Here's Why It's Genius | CBP 264 Pt 1","slug":"saylor-just-broke-bitcoin-s-golden-rule-here-s-why-it-s-genius-cbp-264-pt-1","published_at":"2026-05-12T09:01:00+00:00","page_url":"https://stenobird.com/podcast/the-canadian-bitcoiners-podcast-bitcoin-news-with-a-canadian-spin-3675724/saylor-just-broke-bitcoin-s-golden-rule-here-s-why-it-s-genius-cbp-264-pt-1","show_page_url":"https://stenobird.com/podcast/the-canadian-bitcoiners-podcast-bitcoin-news-with-a-canadian-spin-3675724","url":"https://podcasters.spotify.com/pod/show/canadian-bitcoiners/episodes/Saylor-Just-Broke-Bitcoins-Golden-Rule--Heres-Why-Its-Genius--CBP-264-Pt-1-e3j82pp","audio_url":"https://anchor.fm/s/538d43f4/podcast/play/119851257/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-12%2F423967342-44100-2-fe0d68518f1c4.mp3","summary":"Saylor just broke Strategy's "NEVER SELL" Bitcoin rule. The $1.5B dividend math, the 11.5% yield, the Q1 -$12.5B net loss, and what it means for Canadian MSTR holders — explained.Michael Saylor told investors on Strategy's Q1 2026 earnings call that he will "probably sell some Bitcoin to pay a dividend, just to inoculate the market and send the message that we did it." Three days later he walked it back, saying the remark wasintended to "jam short-sellers and 'haters.'" Strategy holds 818,334 BTC at an average cost basis of $75,537. The annualized preferred dividend obligation is roughly $1.5 billion. Q1 net loss was $12.54 billion. Bitcoin briefly traded below $81,000 after the call.In this episode of the Canadian Bitcoiners Podcast:- The actual mechanism: buy with credit, let it appreciate, sell to fund preferreds- Why this isn't an MSTR "Ponzi" reveal — and why it kind of is- Sequans' 1,025 BTC sale, the $35.9M convertible-note pressure, and what "treasury reckoning" looks like in practice- Canada's first regulated CAD stablecoin: Tetra's CADD with Shopify and National Bank backing- Coinbase cuts 14% of staff for "AI-native pods" while the exchange goes down for an AWS chiller failure- Germany ends its 12-month Bitcoin tax exemption — €2B revenue target by 2027- The Netherlands prepares 36% tax on UNREALIZED Bitcoin gains by 2028- Bitcoin Core's first-ever memory-safety bug, CVE-2024-52911, quietly patched a year before public disclosure- Notable North: Alberta separation petition crosses 300k signatures, Honda walks from a $15B Ontario EV plant, Doug Ford sacks the Conestoga College board, Ottawa finally starts tracking which temporary residents have actually leftThe orange-pill takeaway: every "treas…","meta_description":"Saylor just broke Strategy's \"NEVER SELL\" Bitcoin rule. The $1.5B dividend math, the 11.5% yield, the Q1 -$12.5B net loss, and what it means for…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3155,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-canadian-bitcoiners-podcast-bitcoin-news-with-a-canadian-spin-3675724/episodes/saylor-just-broke-bitcoin-s-golden-rule-here-s-why-it-s-genius-cbp-264-pt-1/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-canadian-bitcoiners-podcast-bitcoin-news-with-a-canadian-spin-3675724/saylor-just-broke-bitcoin-s-golden-rule-here-s-why-it-s-genius-cbp-264-pt-1.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}