Polymarket Faces Dispute Over Timing of Strategy Bitcoin Sale
Polymarket Faces Dispute Over Timing of Strategy Bitcoin Sale
A Polymarket market valued at $129.5 million triggered a dispute about whether Strategy sold bitcoin before the May deadline. Traders and contract holders await Polymarket's final ruling after conflicting timelines and contested market closure.
Timeline of filings and market closure
On 01.06.2026 the company filed a report with the SEC stating it sold 32 BTC during the last week of May. By then the Polymarket event had already been closed with the outcome "No", which prompted challenges from holders of "Yes" contracts.
Positions of participants and platform edit
Holders of "Yes" contracts argued the sale occurred before the market deadline and should affect the result. The "No" side maintained that official confirmation emerged only after the market had been closed, preserving the original outcome.
The dispute intensified after the event description was edited to state that confirmations received outside specified timeframes would not be counted. That wording became a focal point for both sides as they presented their claims to the platform.
Current status
Polymarket has placed the market under final review and is assessing the timeline and supporting records. Traders remain on hold pending a formal decision from the platform, which will determine whether the original outcome stands or is overturned.
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