Polymarket dispute over Strategy Bitcoin sale resolves 'No'

A disputed Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to “No” after two dispute rounds. UMA Optimistic Oracle token holders voted to settle the market in “no” following a second resolution cycle that closed at 12:34 am UTC on Thursday; an overwhelming 98.6% of the 607 participants voted for “no,” while 1.4% voted “yes,” Betmoar data shows.

Polymarket said no information, onchain data or credible reporting confirmed a Strategy sale within the market's timeframe, adding that confirmation achieved “outside of the market's time frame does not qualify.” Strategy sold 32 BTC between May 26 and May 31 but disclosed the sale in a Monday filing after the market’s deadline, and some users argued the outcome should reflect when the sale occurred rather than when it was confirmed.

The result renewed concerns about Polymarket’s token-weighted dispute system, where wallets holding the most UMA have proportionally more voting power.

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