Will El Salvador’s Bitcoin Investment Reach $1 Billion? Wagers Surge Amidst Optimism

El Salvador’s Bitcoin venture is attracting significant attention, with President Nayib Bukele igniting renewed interest after teasing the potential of reaching a billion-dollar threshold on his X platform. This lighthearted comment coincided with a surge in betting activity on platforms like Kalshi and Polymarket, driving odds on El Salvador hitting the milestone from 20% to nearly 40%. Within hours, Polymarket launched its own wager, predicting a 43% chance of the government’s Bitcoin stash surpassing $1 billion by December 2025.