BlockBeats news, on June 2, Strategy disclosed that it sold 32 BTC last week, sparking a settlement controversy in Polymarket with a trading volume exceeding $75 million regarding the prediction market. The market is: Will Strategy sell any Bitcoin before May 31? Traders can choose 'yes' or 'no'. On Monday, Strategy revealed in a filing to the SEC that it sold 32 BTC between May 26 and May 31, netting approximately $2.5 million to support distributions related to its preferred stock issuance. This is the first time Strategy has disclosed Bitcoin sales since December 2022.


Traders who support "yes" settlements believe that the SEC filings clearly show the sale occurred before the deadline; conversely, those backing "no" settlements argue that the relevant info wasn't disclosed until after the market closed, so it should settle on "no". This market has previously settled "no" twice and has been contested twice, and is currently in the final review phase. Polymarket later clarified on their page that "confirmations obtained outside the market timeframe are not valid", seemingly leaning towards supporting a "no" settlement. Such disputes have always been a challenge for prediction market platforms, specifically how to determine the criteria for outcomes—whether it's based on the timing of the event or when the evidence of the event becomes public.