MICHAEL SAYLOR LIES ABOUT SELLIING BITCOIN! HUGE XRP, XLM, & CANTON NETWORK NEWS!

June 12, 2026

AI Summary

5 min read

Michael Saylor Under Fire, BlackRock Files for Bitcoin Income ETF, and Wall Street Builds On-Chain

The latest episode of the Thinking Crypto Podcast covers a packed news cycle dominated by Michael Saylor's controversial revision of his "never sell Bitcoin" stance, major institutional product filings, and a steady stream of infrastructure announcements from traditional finance giants. The host, Tony Edward, moves through roughly a dozen developments, with the Saylor story and the BlackRock ETF filing carrying the most weight.

Michael Saylor's "Never Sell" Reversal Draws Criticism

The episode opens with a pointed critique of Michael Saylor, who recently told an audience that he "never said Strategy would never sell its Bitcoin." The host plays a clip of Saylor saying, "I never said that the company wouldn't sell its Bitcoin," and argues this is a flat-out lie given the extensive video and article record of Saylor promising the company would never sell. Strategy recently sold 32 Bitcoin, which the host says is not the issue—the dishonesty is. "What we're saying is this man's a charlatan," Edward says, adding that Saylor could have simply explained the pivot honestly rather than gaslighting the audience. He calls the behavior "con man vibes" and says it's bad for Bitcoin's public image that Saylor remains the corporate face of the asset.

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What you'll learn

1 (01:26) **Michael Saylor Accused of Lying About Bitcoin Sales** - Host calls out Saylor for claiming he never said Strategy would never sell Bitcoin, despite video evidence to the contrary.
2 (04:37) **BlackRock Files for Bitcoin Premium Income ETF** - BlackRock's 8A filing suggests a launch within a week, offering yield on Bitcoin via an ETF.
3 (05:27) **Hungary to Decriminalize Crypto Trading** - Hungary reverses restrictions under former leader Victor Orban, legalizing crypto-to-fiat and crypto-to-crypto transactions.
4 (06:25) **Visa Moves $7 Billion in Stablecoins Annually** - Visa announces stablecoin settlement expansion, tokenized deposits, and a partnership with OpenAI for AI agent payments.
5 (07:07) **Ripple and Bitso Expand Partnership for XRP Ledger Stablecoin** - Bitso's MXN-backed stablecoin, MXNB, is brought to the XRP Ledger for enterprise settlement in Latin America.
6 (07:57) **MassPay Taps Coinbase for Stablecoin Payouts** - Cross-border payout platform MassPay partners with Coinbase to offer stablecoin cross-border payouts in 108 countries.
7 (09:44) **Stellar Unveils Quantum Preparedness Plan** - Stellar Development Foundation plans to migrate all XLM accounts to quantum-resistant signatures by end of 2027, preserving existing addresses.

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Show Notes

Crypto News: Michael Saylor lies saying Strategy never said it would sell its Bitcoin. Visa says it has moved $7B annually in stablecoins through its network. Stellar Development Foundation has unveiled a quantum preparedness plan to migrate all XLM accounts to quantum-resistant signatures by end of 2027. Ripple and Bitso expand their partnership, bringing Bitso's MXN-backed stablecoin MXNB to the XRP Ledger. Brought to you by 🌟 Build with BitGo - https://bitgo.com/?utm_source=thinking_crypto&utm_medium=brand&utm_campaign=sponsorship 💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX 🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com Sponsors: 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto 🌟The Digital Future. Embedded senior leadership for the frontier of crypto, fintech, and AI. The Digital Future dot xyz- https://thedigitalfuture.xyz/?utm_source=thinkingcrypto&utm_medium=podcast&utm_campaign=convergelabs 🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz 🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 🖥️ Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO 📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/ ✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join 🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/ 🧙‍♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content" Follow on social media: ➡️ X(Twitter) - https://x.com/thinkingcrypto ➡️ Facebook - https://www.facebook.com/thinkingcrypto/ ➡️ LinkedIn - http://linkedin.com/company/thinking-crypto ➡️ Instagram - https://www.instagram.com/thinkingcrypto/ ➡️ TikTok - https://www.tiktok.com/@thinkingcrypto5 ➡️ Threads - https://www.threads.net/@thinkingcrypto ➡️ Website - https://www.ThinkingCrypto.com/ 🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676 🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl 💼Business Inquiries💼 [email protected]

⏰ Time Stamps ⏰
00:00 Intro
00:24 Michael Saylor Strategy Bitcoin lie
03:32 BlackRock Bitcoin Premium income ETF
04:24 Hungary unbans Crypto trading
05:26 Visa stablecoins
06:04 Bitso Ripple XRPL
06:57 Masspay Coinbase stablecoin
07:53 Stellar XLM Quantum
09:07 Canton Network $355 Million
13:03 Fortune Crypto 100
13:40 Citi Bank blockchain private shares
15:15 LG Electronics blockchain Ads
15:56 Ja