Bitcoin Snubbed By Magnificent Seven: Prediction Market Odds Crash To 5% From 69%
The Magnificent Seven stocks are among the largest companies in the world. Their earnings reports can cause high volatility in the market and what management says can send entire sectors up or down. If a Magnificent Seven company added Bitcoin (CRYPTO: BTC) to its balance sheet, the price of the leading cryptocurrency could go higher.
A prediction market for that very topic has seen odds sink in 2025, with no Magnificent Seven stocks adding Bitcoin so far this year.
Prediction Market Odds Crash
Prediction market Kalshi offers many ways to wager on the price of Bitcoin and future catalysts for the leading cryptocurrency, including whether a Magnificent Seven company will add Bitcoin to its balance sheet like Tesla Inc (NASDAQ:TSLA) did in 2021.
“Will one of the Magnificent 7 announce a BTC purchase this year?” is a current market on Kalshi, with the 2025 year nearly over.
The odds currently stand at 5% with just over a month left in the open market. Odds previously stood at 68.7% on Jan. 1, 2025, and were still trading at 24% on June 30, well into the year. The odds have steadily gone down as the year progressed.
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