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Polymarket has resolved two Strategy Bitcoin-sale markets in opposite directions after the company disclosed a small BTC sale in a June 1 filing.
The May 31 contract was marked “No,” while the June 30 contract was marked “Yes.” The split came down to timing, because Strategy sold Bitcoin before the May cutoff but disclosed the sale after the deadline passed.
32 BTC Sale Came Before May 31 Cutoff
Strategy sold 32 BTC between May 26 and May 31, according to its filing. The company said the sale raised about $2.5 million at an average net price of $77,135 per Bitcoin. Proceeds are expected to fund preferred-stock distributions.
The sale occurred inside the May market window. The dispute was whether Polymarket should use the transaction date or the public disclosure date to settle the outcome.
May Contract Lost on June 1 Disclosure
The May 31 market asked whether Strategy would sell any Bitcoin by 11:59 p.m. ET on the date listed in the title. Polymarket’s page now lists the May 31 outcome as “No.”
The result angered traders who argued the contract should have resolved “Yes” because Strategy’s filing placed the sale inside the window. The filing said the Bitcoin activity was presented as of May 31, 2026, at 4:00 p.m. ET, before the market deadline.
June 30 Market Counted Same Filing
The June 30 market had a clearer path to resolution. Strategy’s June 1 filing arrived well before that contract’s deadline. It gave Polymarket a public company source confirming that Strategy had sold Bitcoin during the relevant period.
The same 32 BTC sale therefore, produced two different outcomes. For May, public confirmation came after the cutoff. For June, both the sale and disclosure were inside the market window.
Strategy Still Held 843,706 BTC After Sale
The sale was small compared with Strategy’s total Bitcoin holdings. As of May 31, the company still held 843,706 BTC.
Strategy said those holdings had an aggregate purchase price of $63.87 billion and an average purchase price of $75,699 per Bitcoin.
Rules Did Not Settle Disclosure Timing
The market rules named Strategy information and on-chain data as primary resolution sources, with credible reporting as a backup. They did not clearly state whether proof had to be available before the deadline, or whether later proof could confirm an earlier sale.
That gap left the May contract dependent on how Polymarket interpreted timing and disclosure. June holders benefited from the same corporate filing that May “Yes” traders wanted counted.
