- What is the “Will MicroStrategy purchase more Bitcoin by Monday?” market asking?
- It asks whether the following will happen: Will MicroStrategy purchase more Bitcoin by Monday? 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 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- When does this market close?
- Trading is scheduled to close on Feb 3, 2025. After the close no new trades are accepted and the outcome is settled by the resolution source.
- How does this market resolve?
- On January 27, MicroStrategy announced that, during the period between January 21, 2025 and January 26, 2025, the Company acquired approximately 10,107 bitcoins (see: https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/blt20c45041f41de66b/679770467bb3224979f6d936/form-8-k_01-27-2025.pdf). This market will resolve to "Yes" if MicroStrategy announces that they have acquired additional Bitcoin by February 3, 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?
- 24h volume ($377.22K) is the dollar value of shares traded in the last 24 hours. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
