A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.

Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.

Strategy Inc. sells 32 BTC for $2.5M in a routine move. Sale by December 31, 2026 at 99% YES.

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.

Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.

Strategy broke its long-standing HODL streak, selling bitcoin for the first time in years.

Strategy sold 32 BTC for $2.5M between May 26-31, earmarking proceeds for preferred-stock dividends — first sale since the 2022 tax-loss harvest.

The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and…

The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.

A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.

Strategy's last sale preceded a massive buying spree, but the company and the market look very different today.

Strategy sold 32 BTC for $2.5M to fund preferred stock dividends, marking its first Bitcoin sale since December 2022 and breaking its 'never sell' doctrine.

Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.

The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock

Strategy’s sale of 32 Bitcoin has prompted investors to reassess how corporate BTC treasury companies are valued, with greater focus on liquidity and capital management.

Polymarket users are in dispute with the platform over a market for whether Strategy would sell Bitcoin by May 31, after the company confirmed on June 1 that it made a sale in…

A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.

Polymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.

A Polymarket trader lost about $527,000 in a day after Strategy disclosed its first bitcoin sale since 2022, selling 32 BTC for $2.5 million.

Strategy sold 32 BTC for $2.5M, its first Bitcoin sale since 2022. The move triggered a 5.85% stock drop, a 2% Bitcoin decline, and Polymarket disputes.