Strategy's Bitcoin Sale Triggers Polymarket Timing Dispute
TL;DR Summary
Strategy (MicroStrategy) disclosed it sold 32 BTC for about $2.5 million during May 26–31, timing that clashes with a Polymarket bet asking if the sale would occur by May 31. Because the announcement came on June 1, the market’s resolution has been disputed and headed to an UMA tokenholder vote. The dispute comes amid more than $50 million in trading volume and a slide in Strategy’s stock as investors digest the timing and disclosure of the sale.
- Strategy's Bitcoin Sale Timing Throws $50 Million Polymarket Bet Into Dispute Decrypt
- Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022 CNBC
- Bitcoin Falls Below $70,000 For The First Time Since April Forbes
- What next for BTC prices as Bitcoin slides below $70,000 on Strategy's sale CoinDesk
- Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool The Block
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