BUSINESSTHE BLOCK
Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool questioning whether Strategy would sell its bitcoin before May 31 has accumulated over $20 million in trading volume. The uncertainty around the sale timing has disrupted the market's liquidity and attracted significant speculative activity.
Related Signal
Adjacent reporting
- Bitcoin below $72,000 as Strategy sold 32 bitcoin sale for $2.5 million in late May
- Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
- Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket
- Whale alert: Someone dumped $1.29 billion of BlackRock's bitcoin ETF in a dark pool trade
- Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues
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