Polymarket's $118 Million Strategy Bitcoin-Sale Market Settles 'No' Despite 32-Bitcoin Sale Disclosure
Polymarket settled a market on whether Strategy sold Bitcoin before the end of May to “No” after roughly $118 million of trading. The outcome came after Strategy disclosed in an SEC filing on June 1 that it sold 32 Bitcoin between May 26 and May 31 for about $2.5 million, at an average net price of $77,135 a coin, with proceeds expected to fund preferred stock dividends.
The transaction was Strategy’s first disclosed Bitcoin sale since 2022 and left the company with 843,706 Bitcoin as of May 31. The ruling prompted objections over whether later explanations changed how the contract’s original rules were applied; one trader who identified himself as the largest holder of YES shares said the decision cost him about $500,000. Polymarket had said it was aware of the dispute and set a 1 p.m. ET June 1 deadline for any clarification before the market proceeded to settlement.
From the sources (25 posts)
@wublockchainStrategy CEO: May sell Bitcoin for long-term shareholder value On May 28, 2026, during an interview with Fox Business, Strategy CEO Phong Le @phongle stated that while the company's long-term philosophy is to aggregate Bitcoin, they may
@bitcoinnews🚨 MicroStrategy just made a $1.5B move. But it wasn’t a Bitcoin buy. Michael Saylor: “This week we bought bonds not bitcoin. The BitVac is charging.” No BTC was sold. Strategy still holds 843,738 BTC.
@deitaone$MSTR - MICROSTRATEGY SELLS 32 BTC FOR $2.5M AT AVERAGE OF $77.135M: FILING
@kalshi_cryptoBREAKING: Michael Saylor's 'Strategy' sells $2.5M worth of Bitcoin
@cryptorover💥BREAKING: 🇺🇸 MICHAEL SAYLOR'S STRATEGY SELLS 32 $BTC FOR $2,500,000. BITCOIN DROPS BELOW $73,000 ON THE NEWS.
@aggrnewsMICROSTRATEGY SELLS 32 BTC FOR $2.5M AT AVERAGE OF $77.135K: FILING
@cointelegraph🚨 BREAKING: Strategy sold 32 $BTC.
@bitcoinmagazineJUST IN: Michael Saylor's Strategy announced they sold 32 BTC for over $2.5 million 👀
@zerohedge*STRATEGY SOLD 32 BITCOIN FOR $2.5M DURING MAY 26 TO MAY 31
@deitaone$MSTR - STRATEGY INC SELLS BITCOIN, RAISES $128M Strategy Inc sold 32 bitcoin last week for $2.5M and raised $128.3M via share issuance. The company holds 843,706 bitcoin with a $75,699 average purchase price. It also confirmed preferre
@wallstengineSTRATEGY $MSTR SOLD 32 BITCOIN FOR $2.5M DURING MAY 26 - MAY 31
@theblockcoMichael Saylor's Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC
@coingeckoJUST IN: Strategy sells 32 Bitcoin for ~$2.5M.
@stockmktnewzMichael Saylor and MicroStrategy $MSTR sold 32 Bitcoin this past week
@polymarketmoney$MSTR sold 32 Bitcoin for ~$2.5M last week.
@techmemeSEC filing: Strategy sold 32 bitcoin between May 26 and May 31 for ~$2.5M at an average net price of $77,135 per coin, its first disclosed bitcoin disposal (@shauryamalwa / CoinDesk) (Visit Techmeme dot com for the link and full context!)
@kalshiBREAKING: Michael Saylor’s "Strategy" sold $2.5M worth of Bitcoin
@bulltheoryioBREAKING: Michael Saylor's Strategy just sold Bitcoin for the first time since December 2022. The firm sold 32 BTC worth $2.5 million, ending a streak of 41 months of uninterrupted buying.
@arkhamALERT: MICHAEL SAYLOR SOLD BITCOIN Strategy sold 32 Bitcoin for $2.5 Million at an average price of $77,135.
@bitcoinnewsStrategy Sells Bitcoin for First Time, Dumps 32 BTC to Fund Preferred Stock Dividends
@wublockchainBreaking: Strategy Sells Bitcoin for First Time Since 2022 Tax-Loss Trade According to an 8-K filing with the SEC, Strategy sold 32 BTC between May 26 and May 31 for approximately $2.5 million, marking its first Bitcoin sale since it sold
@kobeissiletterBREAKING: Bitcoin falls below $72,000 for the first time since April 13th.
@coindeskLATEST: Michael @Saylor's @Strategy makes its first bitcoin:native sale since 2022, selling 32 Bitcoin for $2.5M at $77,135 per bitcoin:native to fund preferred stock distributions.
@rektmandoSaylor was signalling this for weeks 10 straight days of ETF outflows into this and now we bouncing... its not great for MSTR but if he is prepared to sell small BTC to cover the dividend then the show can go on for a while maybe Taiki
@scottmelkerBREAKING: STRATEGY $MSTR SOLD 32 $BTC BETWEEN MAY 26 AND MAY 31 FOR $2.5M AT AN AVERAGE PRICE OF $77,135 TO FUND PREFERRED STOCK DISTRIBUTIONS FIRST $BTC SALE SINCE 2022