A $79 million Polymarket contract hinges on whether a May 31 BTC sale by MicroStrategy counts based on execution or disclosure date.
A $79 million Polymarket market is embroiled in a dispute over whether MicroStrategy’s (MSTR) bitcoin sale by May 31 counts based on the transaction date or its June 1 disclosure. The firm sold 32 BTC between May 26 and 31, but the filing was released after the deadline.
Bettors are divided: one camp argues the sale occurred within the window, while another insists only information available by May 31 should count. A third group claims the contract rules were too ambiguous to resolve. Polymarket has endorsed the “No” interpretation, leaving the final decision to UMA token holders.
The outcome could set a precedent for how similar markets interpret deadlines and disclosure timing in future contracts.