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$60M Polymarket Dispute Over Strategy's May Bitcoin Sale Puts UMA's Token-Voting Oracle on Trial
A multi-million-dollar Polymarket contract on whether Strategy sold any bitcoin by May 31 has been disputed twice and is now in front of UMA tokenholders, reigniting an analyst argument that prediction-market oracles built on token voting are structurally unfit for high-stakes settlement.
Strategy Sells 32 Bitcoin for $2.5M to Fund Preferred Dividends, First Sale Since 2022
A Monday 8-K filing shows Strategy disposed of 32 BTC between May 26 and May 31 at an average $77,135 a coin, with proceeds earmarked for distributions on its STRC preferred stock — the first disclosed sale since the December 2022 tax-loss harvest.
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$60M Polymarket Dispute Over Strategy's May Bitcoin Sale Puts UMA's Token-Voting Oracle on Trial
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