Strategy sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.
CoinDesk·
60-second summary
A $79 million market on Polymarket is intensifying as bettors debate whether a June 1 disclosure by Michael Saylor's firm counts toward a May 31 deadline for selling bitcoin. The firm's strategy to sell bitcoin in late May has sparked controversy, with investors weighing the implications of the disclosure timing on the market. Market volatility is expected to continue.
A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.