Market Actions: Big Bitcoin Buys, NBA Playoff Drama, and Controversial Nintendo Switch 2 Price
This week, Myriad Markets’ prediction markets continued to be active with three hot topics: Strategy’s Bitcoin buys, chaotic NBA Playoff scenarios, and speculation surrounding a Nintendo Switch 2 price hike ahead of its release.
Will Strategy (MSTR) continue to accumulate 10,000 BTC?
Market Volume: $5.37K
It’s another week of crypto investors watching every move of Michael Saylor and Strategy (MicroStrategy’s new name). With over 568,840 BTC (worth over $58 billion), Strategy shows no signs of slowing down in its “digital gold” journey.
Last week, the company purchased another 13,390 BTC, worth over $1.34 billion. Still, Myriad markets are divided on whether the company will continue to buy past the 10,000 BTC threshold this week. As of Thursday morning, 68.4% of forecasters believe there will be another big purchase — a number that has increased by 18% since the market opened.
While Bitcoin is currently trading above $103,000, Strategy’s “42/42” plan — to raise $84 billion to buy more BTC — is keeping investors optimistic. A new announcement from Saylor on Monday will be the focus of attention.
2025 NBA Playoffs: Thunder Outpace Celtics in Predictions
Market Volume: $35.4K
Myriad is seeing one of the most exciting sports predictions markets of the year, as the race to the 2025 NBA championship is full of surprises.
Last week, the Celtics and Thunder were expected to be neck and neck, but Jayson Tatum’s injury and a loss to the Knicks have seen Boston’s odds plummet to just 6.6% on Myriad – well below DraftKings’ implied 5.5% probability.
Meanwhile, the Oklahoma City Thunder have emerged as the favorites with a 57.4% chance of winning, well above the odds from traditional bookmakers. If the Thunder beat the Nuggets on Thursday night, they’ll have one foot in the Western Conference Finals.
Will the Switch 2 Price Surpass $449.99?
Market Volume: $45.6K
Amid global trade uncertainty and potential tariff changes under the Trump administration, the market is skeptical about whether Nintendo will stick to its promise to keep the Switch 2’s price at $449.99.
While Microsoft and Sony have both adjusted their prices, Nintendo has maintained its stance. Current Myriad odds indicate an 89% chance that the company will maintain its announced price. This follows a 20% jump from “zero” on April 18.
With the Switch 2 available for pre-order on April 24 and a June 5 release date, there is still time for Nintendo to pivot if it changes its pricing strategy.
Conclusion
From Strategy’s Bitcoin strategy, to the tight race in the NBA Playoffs, and the volatile gaming market, Myriad Markets is proving to be a pulse-pounding place that best reflects the sentiment of global investors and consumers.
Regardless of the outcome, these markets not only reflect trends, but also create lucrative profit opportunities for those who predict correctly – in a world where every decision counts.