Polymarket faces $15M dispute over whether Strategy's bitcoin sale date or filing date resolves prediction contract
By
Shaurya Malwa
10d ago· 3 min readenNews
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Summary
Strategy (formerly MicroStrategy) made its first publicized bitcoin sale, triggering a $15 million resolution dispute on Polymarket. The sale occurred between May 26-31 but was disclosed in a June 1 SEC filing. Bettors are divided on whether on-chain transaction dates or the filing date should determine the outcome of Polymarket's May 31 deadline prediction contract, which currently sits at 81% Yes and is flagged "in review."
Key quotes
· 3 pulledThe sale was announced in a June 1 filing, the actual disposition occurred in late May.
Bettors are now split on whether sales executed between May 26 and May 31 should count for the prediction market's May 31 deadline, with the contract sitting at 81% Yes and flagged 'in review.'
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.
The 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
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