A wave of Polymarket traders have criticized the platform over the resolution of a market asking whether Michael Saylor's Strategy would sell any bitcoin by May 31, arguing that the outcome was resolved incorrectly.
The market sparked backlash after resolving to "No" twice, with both outcomes subsequently challenged. The event is currently in its final review stage.
Strategy disclosed in an 8-K filing on June 1 that the company sold 32 BTC (BTC) for roughly $2.5 million between May 26 and May 31, marking the firm's first bitcoin sale since December 2022.
Traders supporting the "Yes" resolution pointed to Strategy's 8-K filing as evidence that the bitcoin sales occurred before the May 31 deadline. Meanwhile, users backing the other side argued that the information was not made public until after the market's deadline, and therefore the market should resolve to "No."
Polymarket on Monday updated the market page with an additional context note, stating: "Confirmation achieved outside of the market's time frame does not qualify."
