Michael Saylor’s firms have $49B to buy more Bitcoin

Michael Saylor’s companies, led by MicroStrategy, have $49 billion in at-the-market equity capacity to buy more Bitcoin. The market for Bitcoin’s price above $68,000 on April 13 sits at 95% YES.

The Bitcoin Above Prices in April market shows strong confidence in Bitcoin holding above $68,000. Traders read Saylor’s potential buying spree as a bullish signal. A recent 2.5% dip tied to U.S.-Iran tensions hasn’t moved odds much. Sub-markets for April 14 price floors are even higher, with odds at 99.8% for Bitcoin staying above $58,000.

Saylor has framed Bitcoin as a hedge against geopolitical instability, and that framing is pulling interest toward longer-term price targets. The Bitcoin Price Targets market for $100,000 by year-end is at 36% YES, suggesting traders expect Saylor’s purchases to matter but are pricing in geopolitical risk.

Volume across these markets hit $324,823 in USDC over 24 hours. Order book depth is thick: it takes $124,620 to shift the April 13 market by 5 points, which points to institutional-sized positions. The largest recent price move was a 2-point drop at 1:44 AM.

A YES share at 36¢ for Bitcoin reaching $100,000 by December 2026 pays $1, a 2.78x return. That bet requires confidence in both Saylor’s aggressive buying continuing and geopolitical tensions not escalating.

Watch for MicroStrategy’s next SEC filings or public statements from Saylor. Any announcement of a large Bitcoin purchase could move these markets fast.

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