Michael Saylor sold Bitcoin for the first time since 2022, a move that sent the cryptocurrency below $70,000. On Polymarket, users are now arguing over whether the sale actually took place in May — a dispute that could complicate how markets read the timing of his exit.
First Bitcoin sale in years
The MicroStrategy chairman offloaded some of his personal Bitcoin stash this week. He hadn't sold any since 2022, making the transaction notable even by Saylor's standards. The size of the sale wasn't disclosed, but the news spread fast enough to rattle traders.
Bitcoin slips under $70,000
Bitcoin's price dropped below $70,000 shortly after reports of the sale circulated. The exact correlation is hard to pin down — the market was already under pressure — but the timing wasn't great for Saylor's public image as Bitcoin's biggest corporate cheerleader.
Polymarket bettors argue over timing
On the prediction market Polymarket, users are split on a key question: did the sale occur in May or June? The contract's resolution depends on on-chain evidence and public statements, but so far no definitive answer has emerged. Some bettors point to wallet movements from late May; others say Saylor's team didn't confirm until this week. The dispute is small in dollar terms but reveals how closely the community watches his every move.
For now, the exact date of the sale is up for debate — and the Polymarket contract will eventually settle, but not before a lot more arguing.
