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Bits + Bips · June 7 · 8 min

Strategy Sold Bitcoin. Polymarket Can't Agree on When

Strategy sold Bitcoin in May and disclosed the sale via SEC filing in June. The Polymarket market on that sale resolved to no sale in May, with tens of millions of dollars on one question: does the trade date control, or the disclosure date? Sam Enzer and Steven Ehrlich map the dispute, the oracle governance concentration risk behind it, and the practical checklist for diligencing any prediction market bet before placing it. Host: Steven Ehrlich, Host of Bits + Bips and Head of Research at Sharplink - https://x.com/Steven_Ehrlich Guest: Sam Enzer - Partner and CahillNXT Co-Chair at Cahill Gordon & Reindel This clip is from a longer conversation on prediction market law, insider trading, and oracle risk. Full episode here: https://youtube.com/live/Lo6g6VBF46U We go live every Thursday at 12:00pm ET - subscribe to catch it live. Sponsor: Unchained Daily: Subscribe for free at https://unchainedcrypto.com/newsletters Heads up! If you haven’t yet, be sure to subscribe to Bits + Bips, since the show will migrate there in a few weeks. Follow us on Apple Podcasts, YouTube, Spotify, X, Unchained and wherever you get your podcasts. 👉 https://linktr.ee/bitsandbips

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show notes

Strategy sold Bitcoin in May and disclosed the sale via SEC filing in June. The Polymarket market on that sale resolved to no sale in May, with tens of millions of dollars on one question: does the trade date control, or the disclosure date?

Sam Enzer and Steven Ehrlich map the dispute, the oracle governance concentration risk behind it, and the practical checklist for diligencing any prediction market bet before placing it.


Host:

  • Steven Ehrlich, Host of Bits + Bips and Head of Research at Sharplink - https://x.com/Steven_Ehrlich

Guest:

  • Sam Enzer - Partner and CahillNXT Co-Chair at Cahill Gordon & Reindel

This clip is from a longer conversation on prediction market law, insider trading, and oracle risk. Full episode here: https://youtube.com/live/Lo6g6VBF46U 

We go live every Thursday at 12:00pm ET - subscribe to catch it live.



Sponsor:

Unchained Daily: Subscribe for free at https://unchainedcrypto.com/newsletters  

Heads up! If you haven’t yet, be sure to subscribe to Bits + Bips, since the show will migrate there in a few weeks. Follow us on Apple Podcasts, YouTube, Spotify, X, Unchained and wherever you get your podcasts. 👉 https://linktr.ee/bitsandbips  

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