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$79M Polymarket bet disputes if Strategy's May bitcoin sale counts by deadline or disclosure date

Market News
02 Jun 2026
Coindesk
View Source
Neutral
pluang ai news

A $79 million bet on Polymarket hinges on whether Strategy's sale of 32 bitcoins by May 31 counts based on the sale date or the public disclosure date on June 1. One group argues the sale date matters since the transaction occurred within the deadline, while another insists only information known by May 31 should count, favoring the disclosure date. A third group claims the market rules are too vague to decide. Polymarket supports the 'No' side, but the final resolution rests with UMA token holders, who have previously differed from Polymarket's stance. This dispute highlights challenges in event versus announcement-based market resolutions.

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