Michael Saylor's Strategy sells $2.5 million bitcoin. Chaos ensues in a major prediction market over who gets paid
Strategy’s first disclosed bitcoin sale has sparked a Polymarket dispute over a $15 million market. The sale happened in late May, but the company’s 8-K filing was published on June 1, leaving bettors divided on whether the May 31 contract should resolve “Yes.” The market rules rely on company filings, onchain data, and, if needed, credible reporting. “Yes” holders say the filing shows the sale occurred before the deadline and should count under the contract’s wording. “No” holders argue that no public disclosure existed before May 31 ended, so the event was not knowable in time. The May 31 market is under review and has about $14.65 million in volume; related June 30 and Dec. 31 markets have already moved to near-certain “Yes.” UMA’s oracle will make the final resolution.
