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Strategy’s Bitcoin Sale Sparks Polymarket Dispute
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 late May.
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cryptobriefing.com
Strategy CEO signals potential Bitcoin sale for shareholder value shift
Strategy CEO hints at possible Bitcoin sale for shareholder value. Bitcoin above $78K on June 1 at 0.8% YES.
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coindesk.com
MSTR News: Michael Saylor's Strategy sold 32 bitcoin for $2.5 million in late May
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.
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theblock.co
Michael Saylor's Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC
Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
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cnbc.com
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.
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bitcoinmagazine.com
Strategy (MSTR) Sells 32 Bitcoin, First BTC Sale Since 2022
Strategy broke its long-standing HODL streak, selling bitcoin for the first time in years.
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benzinga.com
Michael Saylor Sells 32 Bitcoin: What Is Going On? - Strategy (NASDAQ:MSTR)
Strategy Inc. (NASDAQ:MSTR) sold 32 Bitcoin
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Michael Saylor's Strategy sells $2.5 million bitcoin. Chaos ensues in a major prediction market over who gets paid
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…
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Strategy news: Strategy’s bitcoin sale triggers fierce debate over Michael Saylor’s true commitment
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.
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Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.
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Strategy's $2.5 million BTC sale and lessons from the first time MSTR sold in December 2022
Strategy's last sale preceded a massive buying spree, but the company and the market look very different today.
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decrypt.co
Strategy's Bitcoin Sale Timing Throws $50 Million Polymarket Bet Into Dispute - Decrypt
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.
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qz.com
Strategy sells bitcoin for first time since 2022
The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock
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cointelegraph.com
Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies
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.
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Strategy’s Bitcoin Sale Sparks Polymarket Dispute
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…
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Strategy (MSTR) sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.
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.
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Polymarket faces backlash over disputed Strategy bitcoin sale market
Polymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.
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news.bitcoin.com
Polymarket Trader Loses $527K as Strategy's First Bitcoin Sale Since 2022 Settles a Heated Bet
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.
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Strategy's rare Bitcoin sale sparks broader market ramifications
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.
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Strategy's Bitcoin sale raises concerns over market impact as shares drop 6%
Strategy Inc. sold 32 BTC for $2.5 million to cover preferred stock dividends, its first net Bitcoin sale since 2022, triggering a 6% drop in MSTR shares.
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Polymarket's UMA vote upholds 'No' outcome on Strategy bitcoin sale market despite backlash
The dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.