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Bitcoin Treasury Firm Strategy Sells 32 BTC, Shaking Market and Polymarket Bets

Bitcoin treasury management firm Strategy has sold 32 BTC for $2.5 million, its first net disposal in years, impacting Bitcoin's price and a significant Polymarket prediction pool.

By BitBulteni June 2, 2026

The recent sale of 32 Bitcoin by Strategy, a firm known for holding Bitcoin on its balance sheet, has sent ripples through the market. This disposal, valued at approximately $2.5 million, marks a significant shift for the company, representing its first net Bitcoin sale in nearly four years. The timing of this move is particularly noteworthy, occurring as Bitcoin's price dipped below the $70,000 threshold. Such a sale by a prominent holder can exert downward pressure on prices, especially if interpreted by the market as a signal of waning confidence or a need for liquidity. Beyond its direct market impact, Strategy's sale has also complicated a substantial $20 million Polymarket pool. This decentralized prediction market had a significant number of participants betting on whether Strategy would sell any Bitcoin before the end of May. The outcome now directly affects these speculative bets, highlighting the interconnectedness of on-chain actions, market sentiment, and decentralized prediction platforms. This event serves as a case study in how corporate treasury decisions, even on a relatively small scale for a firm like Strategy, can influence market dynamics and create tangible consequences in the realm of decentralized finance and prediction markets.

Tags BitcoinStrategyMarket DownturnPolymarketTreasury Management

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