- What is the “Will MicroStrategy purchase more Bitcoin before February?” market asking?
- It asks whether the following will happen: Will MicroStrategy purchase more Bitcoin before February? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 100.0¢ and No at 0.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 100.0% for Yes and 0.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved Yes on 27 Jan 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- On January 21, MicroStrategy announced that, during the period between January 13, 2025 and January 20, 2025, the Company acquired approximately 11,000 bitcoins (see: https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/bltc6de3120821024d3/678f9510e8d2d1489c752b45/form-8-k_01-21-2025.pdf). This market will resolve to "Yes" if MicroStrategy announces that they have acquired additional Bitcoin by January 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The resolution source for this market will be official information from MicroStrategy or Michael Saylor.
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
