Polymarket UMA vote upholds 'No' outcome on Strategy Bitcoin sale amidst backlash

Polymarket UMA vote upholds 'No' outcome on Strategy Bitcoin sale amidst backlash

Published on

A Polymarket governance vote, utilizing UMA, has confirmed the 'No' outcome concerning Strategy's controversial sale of 32 BTC for approximately $2.5 million. The decision comes despite significant backlash surrounding the transaction.

The dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.