El Salvador’s $1B Bitcoin Bet: Bukele Teases Market

El Salvador’s $1B Bitcoin Bet: Bukele Teases Market
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President Nayib Bukele has highlighted surging prediction market bets that El Salvador’s Bitcoin treasury will reach $1 billion by late 2025. His cryptic social media post suggesting ‘the funniest thing’ has fueled speculation about potential market-moving actions. The odds on prediction platform Kalshi have nearly doubled in a single day, reflecting growing trader confidence.

  • Prediction market odds for El Salvador reaching $1B in Bitcoin jumped from 20% to 38% in a single day
  • President Bukele directly referenced Kalshi's betting platform in his social media post
  • The timeline for the $1B milestone target is set for late 2025, specifically before November
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