Bitcoin24h $61,997.38-1.33%

Ethereum24h $1,730.40-1.48%

BNB24h $567.39-0.29%

XRP24h $1.08-0.96%

Solana24h $77.22-2.00%

TRON24h $0.3297-0.25%

Hyperliquid24h $67.12-1.58%

Dogecoin24h $0.0723-0.40%

UNUS SED LEO24h $9.56+1.40%

Zcash24h $457.57-4.96%

Strategy’s BTC sale sends Polymarket into disarray

Strategy’s recent sale of 32 BTC has caused resolution problems for a Polymarket prediction market concerning the sale.

Strategy’s USD reserve didn’t last long

Strategy diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.

The CEO of Strategy has made $37 million in total compensation over the past three years while buying less than $20,000 in STRC for his kids.

Michael Saylor may now sell Strategy’s BTC, reversing the hardline never‑sell stance that he reiterated for years.

Strategy’s bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.