The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin

Michael Saylor just broke the one rule he built his empire on. Strategy (MSTR) sold Bitcoin for the first time since 2022 — 32 BTC, ~$2.5M — and the "never sell" era is officially over.He's calling it "inoculating the market." Genius move… or the first crack in the $61B Bitcoin machine? Full breakdown below 👇PLUS Three anonymous parties just asked a New York court to hand them Satoshi Nakamoto's Bitcoin — roughly 3.8 MILLION BTC (~$293B) across 39,069 dormant wallets — using a "lost property" law written for found umbrellas. On this week's Canadian Bitcoiners Podcast we break down the most audacious legal attack on Bitcoin's supply in history, why it could hit a default judgment as soon as late June, and the one reason it almost certainly fails: you can't seize coins you don't hold the keys to.We also cover the week's biggest Bitcoin and Canadian stories: Tether tightening its grip on Twenty One Capital ($XXI) and what it means for Jack Mallers and Strike, the Bitcoin treasury model cracking (Metaplanet's mNAV collapse and Sequans unwinding its entire stack), Kraken's 2.5% Bitcoin yield vault, the "Mined in America" bill and Trump's Strategic Bitcoin Reserve — plus the Canadian file: Mark Carney's $195K flight catering bill, Ontario mortgage delinquencies up 52%, and a technical recession nobody in Ottawa wants to name.Not your keys, not your coins has never been more literal. Here's what's actually happening, what's noise, and what every Canadian Bitcoiner needs to watch next.⚡ Grab a Bitcoiner you know and send them this episode.🔗 STORIES & SOURCES IN THIS EPISODENY lawsuit for Satoshi's dormant coins: https://bitcoinmagazine.com/news/anon...Lawsuit deep-dive (coverage thread): https://news.bitcoin.com/anonymous-pl...Tether takes control of Twenty One Capital ($XXI): https://decrypt.co/368458/tether-bitc...Twenty One / Strike self-dealing breakdown: https://x.com/AdamSimecka/status/2060...Sequans abandons its Bitcoin treasury: https://www.theblock.co/post/402883/s...Metaplanet's mNAV collapse: https://cryptoslate.com/metaplanet-is...Kraken's 2.5% Bitcoin yield vault: https://coinmarketcap.com/academy/art..."Mined in America" bill + Strategic Bitcoin Reserve: https://decrypt.co/362802/senators-re...Carney's $195K flight catering bill: https://torontosun.com/news/national/...Ontario mortgage delinquencies up 52%: https://torontolife.com/real-estate/o...—🟧 BUY BITCOIN — BULL BITCOINCanada's longest-running Bitcoin-only exchange. Non-custodial, no KYC surveillance creep, and built by Bitcoiners for Bitcoiners. Lock in 25% off fees for life:👉 https://mission.bullbitcoin.com/cbp🌐 EASYDNS — OWN YOUR DOMAIN, OWN YOUR DATADNS, domain registration, web & email from a company that actually fights for your digital sovereignty. Use code CBPMEDIA for 50% off your first purchase:👉 https://easydns.com🔥 256 HEAT — MINE BITCOIN, HEAT YOUR HOMETurn ASIC miners into programmable, app-controlled heaters and recapture every watt as warmth. Get paid in sats to heat your space:👉 https://256heat.com🎓 BTC MENTOR — LEARN SELF-CUSTODY THE RIGHT WAYOne-on-one coaching to take your Bitcoin off exchanges and into your own custody with confidence:👉 https://btcmentor.io/aff/joey⚠️ None of this is financial, legal, or tax advice. We are Bitcoiners sharing opinions and analysis for entertainment and educational purposes only. Do your own research. Sponsor links above are affiliate links that support the show at no extra cost to you.#Bitcoin #Satoshi #CanadianBitcoiners #BTC #SelfCustody #NotYourKeys #BitcoinNews #Crypto #Canada #SatoshiNakamoto

$970M. ~12,000 Bitcoin. The Prime Trust estate is trying to CLAW BACK coins that already LEFT Swan Bitcoin — and Strike, Galaxy & Fold are next. 2026's lesson: NOT YOUR KEYS, NOT YOUR COINS. Why Canadians must self-custody NOW.On this week's Canadian Bitcoiners Podcast, Joey and Len break down the biggest custody story in years: a bankruptcy court reaching back through the exit door to reclaim roughly 11,994 BTC ($938M), $24.66M in cash from Swan Bitcoin — the clearest "not your keys, not your coins" lesson yet. Then the rest of a brutal self-custody week, plus the privacy tools fighting back.In this episode:- Prime Trust's $970M clawback vs Swan Bitcoin — and why Strike, Galaxy, Fold Compass are next- A Ledger holder loses $1M to a fake paper "support" letter- $6.7M drained from a Kraken & Coinbase user, $5.3M laundered through Tornado Cash- Bitcoin Depot bankruptcy: 9,000+ Bitcoin ATMs go dark- Tether tightens its grip on Twenty One Capital — Jack Mallers says Strike is still his- Australia switches on zero-threshold transfer surveillance (Canada is next)- Italy proves Ordinals are fully traceable using Chainalysis- Sparrow Wallet ships Silent Payments — the privacy off-rampNotable North: the Pearson airport security-clearance scandal, Burlington home invasions, Oakville's "rain tax," , Toronto police charged in Spain, and more.The lesson of 2026 is simple: every custodian, exchange and ATM is a point of failure. The only Bitcoin that's truly yours is the Bitcoin only you can move. Self-custody isn't paranoia — it's the plan.Canadian Bitcoiners Podcast- Website: https://canadianbitcoiners.com- X: @CanadianBTCPod- Subscribe & turn on notificationsThis week's self-custody wake-up call is brought to you by the people who think your keys — and your money — should actually be yours:————————————————————————————————SPONSORS■ easyDNS — Canadian-owned, ICANN-accredited registrar that has accepted Bitcoin since 2013. Domains, DNS, email,hosting, all without selling you out. Use promo code **CBP Media** for 50% off your first purchase, no limits.→ https://easydns.com■ Bull Bitcoin — Canada's non-custodial, Bitcoin-only exchange. Founded 2013 in Montreal. They never hold your keys;you self-custody from day one. CBP listeners get 25% off fees for life.→ https://app.bullbitcoin.com/registration/cbp■ 256 Heat — Hashrate heaters: Bitcoin miners purpose-built to heat a space. Every watt of electricity becomes heat AND hashrate, so you're warming your space and stacking sats at the same time. Custom solutions available. Tell them CBPsent you for a discount.→ https://256heat.com■ Bitcoin Mentor — One-on-one coaching to take you from "I bought some Bitcoin" to true self-sovereign ownership. Wallets, keys, collaborative custody, inheritance planning, node setup, the whole stack. 30-day money-back guarantee on every package.→ https://btcmentor.io/aff/joey————————————————————————————————FOLLOW THE SHOW■■ CBP — https://x.com/CanadianBTCPod■ Joey — https://x.com/joeytweeets■ Len — https://x.com/thebtcpricebot————————————————————————————————#Bitcoin #SelfCustody #CanadianBitcoiners #PrimeTrust #SwanBitcoin #NotYourKeys #BitcoinNews #Tether #Privacy#Canada #BTC #Clawback

$970M. ~12,000 Bitcoin. The Prime Trust estate is trying to CLAW BACK coins that already LEFT Swan Bitcoin — and Strike, Galaxy & Fold are next. 2026's lesson: NOT YOUR KEYS, NOT YOUR COINS. Why Canadians must self-custody NOW.On this week's Canadian Bitcoiners Podcast, Joey and Len break down the biggest custody story in years: a bankruptcy court reaching back through the exit door to reclaim roughly 11,994 BTC ($938M), $24.66M in cash from Swan Bitcoin — the clearest "not your keys, not your coins" lesson yet. Then the rest of a brutal self-custody week, plus the privacy tools fighting back.In this episode:- Prime Trust's $970M clawback vs Swan Bitcoin — and why Strike, Galaxy, Fold Compass are next- A Ledger holder loses $1M to a fake paper "support" letter- $6.7M drained from a Kraken & Coinbase user, $5.3M laundered through Tornado Cash- Bitcoin Depot bankruptcy: 9,000+ Bitcoin ATMs go dark- Tether tightens its grip on Twenty One Capital — Jack Mallers says Strike is still his- Australia switches on zero-threshold transfer surveillance (Canada is next)- Italy proves Ordinals are fully traceable using Chainalysis- Sparrow Wallet ships Silent Payments — the privacy off-rampNotable North: the Pearson airport security-clearance scandal, Burlington home invasions, Oakville's "rain tax," , Toronto police charged in Spain, and more.The lesson of 2026 is simple: every custodian, exchange and ATM is a point of failure. The only Bitcoin that's truly yours is the Bitcoin only you can move. Self-custody isn't paranoia — it's the plan.Canadian Bitcoiners Podcast- Website: https://canadianbitcoiners.com- X: @CanadianBTCPod- Subscribe & turn on notificationsThis week's self-custody wake-up call is brought to you by the people who think your keys — and your money — should actually be yours:————————————————————————————————SPONSORS■ easyDNS — Canadian-owned, ICANN-accredited registrar that has accepted Bitcoin since 2013. Domains, DNS, email,hosting, all without selling you out. Use promo code **CBP Media** for 50% off your first purchase, no limits.→ https://easydns.com■ Bull Bitcoin — Canada's non-custodial, Bitcoin-only exchange. Founded 2013 in Montreal. They never hold your keys;you self-custody from day one. CBP listeners get 25% off fees for life.→ https://app.bullbitcoin.com/registration/cbp■ 256 Heat — Hashrate heaters: Bitcoin miners purpose-built to heat a space. Every watt of electricity becomes heat AND hashrate, so you're warming your space and stacking sats at the same time. Custom solutions available. Tell them CBPsent you for a discount.→ https://256heat.com■ Bitcoin Mentor — One-on-one coaching to take you from "I bought some Bitcoin" to true self-sovereign ownership. Wallets, keys, collaborative custody, inheritance planning, node setup, the whole stack. 30-day money-back guarantee on every package.→ https://btcmentor.io/aff/joey————————————————————————————————FOLLOW THE SHOW■■ CBP — https://x.com/CanadianBTCPod■ Joey — https://x.com/joeytweeets■ Len — https://x.com/thebtcpricebot————————————————————————————————#Bitcoin #SelfCustody #CanadianBitcoiners #PrimeTrust #SwanBitcoin #NotYourKeys #BitcoinNews #Tether #Privacy#Canada #BTC #Clawback

Iran just launched Hormuz Safe — a Bitcoin-settled maritime insurance platform routing $10B in Strait of Hormuz shipping AROUND SWIFT. Bitcoin is now a geopolitical settlement layer. Canada take note.Iran's Ministry of Economy quietly switched on "Hormuz Safe" on May 16 — a state-backed platform that lets shipping companies buy insurance for transit through the Strait of Hormuz and settle the premiums in Bitcoin. Coverage activates the moment the on-chain confirmation lands. The Islamic Republic is projecting more than $10 billion in annual revenue from a service explicitly designed to bypass SWIFT, dollar rails, and Western insurers. The Strait carries roughly 20% of global oil. Bitcoin is no longer a retail speculation — it's a sovereign workaround layer for the most contested chokepoint on the planet. Canadian shippers, energy traders, and compliance officers will be navigating this for years.In this episode of the Canadian Bitcoiners Podcast:🛢️ Iran's "Hormuz Safe" — Bitcoin-settled insurance for 20% of the world's oil supply⚓ Why $10B in Strait of Hormuz transit fees just became a Bitcoin demand signal🇨🇦 Carney signals openness to selling Canadian ports — sovereignty for sale🏚️ Mortgage Company of Canada halts redemptions as residential losses accelerate⚖️ Federal judge halts deportation of Humboldt Broncos truck driver after 3.5 years served🚛 Ontario AG: trucking schools delivered 59 hours of training instead of 103, 54 schools never inspected👮 OPP probes Scarborough councillor, ServiceOntario insider arrested in licence bribery sweep🤖 Claude AI cracks 9-year-old encrypted Bitcoin wallet — 5 BTC recovered from a dead college laptop⛏️ NEXUS S1 desktop miner: 10 TH/s on 100 watts — home mining gets serious🏔️ Alberta separation petition quashed by judge in First Nations challengeThe throughline this week: institutions everywhere — Iranian ministries, US state pensions, Canadian regulators, lending companies, courts — are reorganizing themselves around Bitcoin's existence. The ones that adapt get optionality. The ones that don't get bypassed. We talk about who's doing which.Sources: CoinDesk, Bitcoin Magazine, Bloomberg, The Block, Financial Times, Fars News Agency, Toronto Star, National Post, Globe and Mail, APTN News, CityNews Toronto, CP24, Cointelegraph— Canadian Bitcoiners Podcast- Website: https://canadianbitcoiners.com- X: @CDNBitcoiners- Subscribe & turn on notifications————————————————————————————————SPONSORS🔒 easyDNS — Canadian-owned, ICANN-accredited registrar that has accepted Bitcoin since 2013. Domains, DNS, email, hosting, all without selling you out. Use promo code CBPMedia for 50% off your first purchase, no limits.→ https://easydns.com⚡ Bull Bitcoin — Canada's non-custodial, Bitcoin-only exchange. Founded 2013 in Montreal. They never hold your keys; you self-custody from day one. CBP listeners get 25% off fees for life.→ https://app.bullbitcoin.com/registration/cbp🔥 256 Heat — Hashrate heaters: Bitcoin miners purpose-built to heat a space. Every watt of electricity becomes heat AND hashrate, so you're warming your space and stacking sats at the same time. Custom solutions available. Tell them CBP sent you for a discount.→ https://256heat.com🎓 Bitcoin Mentor — One-on-one coaching to take you from "I bought some Bitcoin" to true self-sovereign ownership. Wallets, keys, collaborative custody, inheritance planning, node setup, the whole stack. 30-day money-back guarantee on every package.→ https://btcmentor.io/aff/joey————————————————————————————————FOLLOW THE SHOW🎙️ CBP — https://x.com/CanadianBTCPod👤 Joey — https://x.com/joeytweeets👤 Len — https://x.com/thebtcpricebot————————————————————————————————#Bitcoin #HormuzSafe #Iran #StraitOfHormuz #CanadianBitcoiners #BitcoinCanada #BitcoinNews #CarneyGovernment #MortgageCompanyOfCanada #CanadianInsolvency #HumboldtBroncos #MichaelSaylor #Strategy #MSTR

Iran just launched Hormuz Safe — a Bitcoin-settled maritime insurance platform routing $10B in Strait of Hormuz shipping AROUND SWIFT. Bitcoin is now a geopolitical settlement layer. Canada take note.Iran's Ministry of Economy quietly switched on "Hormuz Safe" on May 16 — a state-backed platform that lets shipping companies buy insurance for transit through the Strait of Hormuz and settle the premiums in Bitcoin. Coverage activates the moment the on-chain confirmation lands. The Islamic Republic is projecting more than $10 billion in annual revenue from a service explicitly designed to bypass SWIFT, dollar rails, and Western insurers. The Strait carries roughly 20% of global oil. Bitcoin is no longer a retail speculation — it's a sovereign workaround layer for the most contested chokepoint on the planet. Canadian shippers, energy traders, and compliance officers will be navigating this for years.In this episode of the Canadian Bitcoiners Podcast:🛢️ Iran's "Hormuz Safe" — Bitcoin-settled insurance for 20% of the world's oil supply⚓ Why $10B in Strait of Hormuz transit fees just became a Bitcoin demand signal🇨🇦 Carney signals openness to selling Canadian ports — sovereignty for sale🏚️ Mortgage Company of Canada halts redemptions as residential losses accelerate⚖️ Federal judge halts deportation of Humboldt Broncos truck driver after 3.5 years served🚛 Ontario AG: trucking schools delivered 59 hours of training instead of 103, 54 schools never inspected👮 OPP probes Scarborough councillor, ServiceOntario insider arrested in licence bribery sweep🤖 Claude AI cracks 9-year-old encrypted Bitcoin wallet — 5 BTC recovered from a dead college laptop⛏️ NEXUS S1 desktop miner: 10 TH/s on 100 watts — home mining gets serious🏔️ Alberta separation petition quashed by judge in First Nations challengeThe throughline this week: institutions everywhere — Iranian ministries, US state pensions, Canadian regulators, lending companies, courts — are reorganizing themselves around Bitcoin's existence. The ones that adapt get optionality. The ones that don't get bypassed. We talk about who's doing which.Sources: CoinDesk, Bitcoin Magazine, Bloomberg, The Block, Financial Times, Fars News Agency, Toronto Star, National Post, Globe and Mail, APTN News, CityNews Toronto, CP24, Cointelegraph— Canadian Bitcoiners Podcast- Website: https://canadianbitcoiners.com- X: @CDNBitcoiners- Subscribe & turn on notifications————————————————————————————————SPONSORS🔒 easyDNS — Canadian-owned, ICANN-accredited registrar that has accepted Bitcoin since 2013. Domains, DNS, email, hosting, all without selling you out. Use promo code CBPMedia for 50% off your first purchase, no limits.→ https://easydns.com⚡ Bull Bitcoin — Canada's non-custodial, Bitcoin-only exchange. Founded 2013 in Montreal. They never hold your keys; you self-custody from day one. CBP listeners get 25% off fees for life.→ https://app.bullbitcoin.com/registration/cbp🔥 256 Heat — Hashrate heaters: Bitcoin miners purpose-built to heat a space. Every watt of electricity becomes heat AND hashrate, so you're warming your space and stacking sats at the same time. Custom solutions available. Tell them CBP sent you for a discount.→ https://256heat.com🎓 Bitcoin Mentor — One-on-one coaching to take you from "I bought some Bitcoin" to true self-sovereign ownership. Wallets, keys, collaborative custody, inheritance planning, node setup, the whole stack. 30-day money-back guarantee on every package.→ https://btcmentor.io/aff/joey————————————————————————————————FOLLOW THE SHOW🎙️ CBP — https://x.com/CanadianBTCPod👤 Joey — https://x.com/joeytweeets👤 Len — https://x.com/thebtcpricebot————————————————————————————————#Bitcoin #HormuzSafe #Iran #StraitOfHormuz #CanadianBitcoiners #BitcoinCanada #BitcoinNews #CarneyGovernment #MortgageCompanyOfCanada #CanadianInsolvency #HumboldtBroncos #MichaelSaylor #Strategy #MSTR