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Strategy’s Bitcoin Sale Sparks $79M Polymarket Controversy Over Timing
Michael Saylor’s Strategy executed a sale of 32 Bitcoin during the final week of May. This factual detail remains undisputed. What has become contentious is whether a massive Polymarket prediction market valued at $79 million should pay winners based on this transaction. The prediction market posed what appeared to be a direct question: had Strategy divested any Bitcoin before June 1? The resolution initially seemed obvious—until the company’s regulatory documentation surfaced a day after the deadline. This 24-hour disclosure delay has fractured the betting community into three warring factions, each claiming ... (full story)
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From cnbc.com | Jun 2, 2026
Bitcoin on Tuesday fell below $70,000 for the first time since April amid deteriorating market sentiment. The price of the flagship cryptocurrency was last lower by more than 5% at $67,692.76, according to Coin Metrics. That was its lowest level since April 5. Ether declined by 3%, and stocks across the crypto sector were in the red as well. Strategy fell ...
From finance.yahoo.com | Jun 3, 2026
Bitcoin (BTC-USD) dropped more than 4% on Tuesday to hover near $67,000, its lowest level since early April. What’s behind the move: The world’s largest cryptocurrency has faced multiple headwinds in recent days as sentiment has soured after major holder Strategy (MSTR) sold tokens for the first time since 2022. On Monday, Strategy revealed it offloaded ...
