Michael Saylor's Strategy adds $255 million in Bitcoin at an average $77,906 per coin

CoinDesk reports that Michael Saylor's Strategy has bought $255 million in bitcoin at an average price of $77,906. On Polymarket, the contract tracking whether bitcoin will print a new all-time high by June 30, 2026 is priced at 2.6% "Yes," down from 3% a day earlier. Strategy's latest purchase price sits above its reported average acquisition cost of $75,537, underscoring continued accumulation even at higher levels rather than waiting for pullbacks. Liquidity on the Polymarket contract appears extremely thin. While the 24-hour trading volume showed $843 in face value, only $26 in actual USDC changed hands, implying even small trades could materially move prices. Across maturities, the market is assigning higher odds later in the year: the September contract trades at 11% "Yes," while the December 31 contract is at 17.5% "Yes." The biggest step-up is from June to September, suggesting traders see a potential catalyst in that window. The sharpest single move was a 2-percentage-point jump that pushed September to 12%, a sign of speculative interest more than firm conviction. Why it matters: At $77,906 per coin, Strategy bought about $2,369 above its own average cost. If the June "Yes" shares are priced at $0.026 and settle at $1, the payoff would be roughly 38.5x. With liquidity so low, those implied odds can shift rapidly with minimal volume. What to watch: Markets will focus on whether other corporates or institutions follow Strategy's lead, regulatory and macro developments, and signals from key figures such as Jerome Powell and major crypto executives. Any change in the timing of Saylor's next purchase or the pace of Strategy's accumulation could move sentiment in both spot and prediction markets. API access