Polymarket is facing sustained controversy after a dispute over whether Strategy Capital sold any bitcoin by May 31. The market asks participants to judge if Strategy sells at least one bitcoin by a specific deadline, and large sums are tied to the competing outcomes. Multiple outlets report that traders argue over how to interpret Strategy’s disclosures and the relevant cutoff. Strategy disclosed in an SEC 8‑K that it sold 32 BTC for roughly $2.5 million during the period May 26 to May 31. However, the filing was issued on June 1, leading some users to question whether the sale should be counted as occurring “by May 31” based on on-chain transaction timing or based on the filing/disclosure date. CoinDesk notes that the May 31-linked contract is in review, with a “Yes” probability around the low‑80% range at the time of reporting, as bettors continue to dispute the settlement criteria. Other reports say the contract has resolved to “No” after the dispute, reflecting disagreement among market participants over how the platform should apply the market rules to Strategy’s reported sale timing and disclosures.
Polymarket dispute over Strategy bitcoin sale outcome continues after contract resolves to No
Polymarket is facing sustained controversy after a dispute over whether Strategy Capital sold any bitcoin by May 31. The market asks participants to judge if Strategy sells at least one bitcoin by a s...
- Polymarket runs a disputed market on whether Strategy sells any bitcoin by May 31.
- Strategy discloses it sold 32 BTC for about $2.5 million between May 26 and May 31.
- Users dispute whether settlement should rely on on-chain transaction dates or the SEC filing/disclosure date.
- Large amounts are at stake, with reports citing tens of millions in bets (ranging from about $50M to $80M).
- The contract is described as resolving to “No” after the dispute, with some reports also noting ongoing review status at the time of publication.
A Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to no after traders disputed how the sale should count.
2 months agoThe dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.
2 months agoPolymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.
2 months agoA clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome.
2 months agoPolymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
2 months agoThe 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.
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