Bukele Spotlights Rising Bets on El Salvador’s $1B Bitcoin Holdings

Bukele Spotlights Rising Bets on El Salvador’s $1B Bitcoin Holdings

President Nayib Bukele of El Salvador has drawn attention to a surge in prediction market activity speculating that the country’s Bitcoin reserves could reach $1 billion by the end of 2025. The primary focus is on Kalshi, a regulated U.S. prediction market, where odds of this milestone being reached before November recently climbed from 20% to 38%. Shortly after Bukele’s post on X, competing platform Polymarket launched a similar market. As o...

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