Here’s what happened in crypto today

Today in crypto, Polymarket correctly predicted the resignation of Canadian Prime Minister Justin Trudeau, MicroStrategy kicked off 2025 with the purchase of 1,070 Bitcoin made on Dec. 30 and 31, and Metaplanet — known as Japan’s MicroStrategy — said it aims to increase its Bitcoin holdings five-fold to 10,000 Bitcoin in 2025.Polymarket users wager correctly on Canadian PM’s resignationPrediction market Polymarket correctly predicted the resignation of Canadian Prime Minister Justin Trudeau on Jan. 6. Rumors of Trudeau’s resignation began to swirl over the weekend after local media reports suggested the Canadian leader was strongly contemplating stepping down. However, there was no official announcement until late morning on Jan. 6. In a press conference, Trudeau said the Liberal Party would select its next leader “through a robust, nationwide, competitive process.”Before the official announcement, Polymarket placed the odds of Trudeau’s resignation at 80%. The prediction market also gave 91% odds that the Conservative Party leader Pierre Poilievre would become Canada’s next prime minister. Poilievre has been described as pro-crypto, especially following the Canadian truckers’ protest during COVID-19 lockdowns.Polymarket had the finger on the pulse of the US presidential election, correctly predicting Donald Trump’s eventual victory.MicroStrategy kicks off 2025 with 1,070 Bitcoin purchase announcementMicroStrategy, a major corporate Bitcoin holder, announced a fresh purchase of 1,070 BTC made in the last two days of 2024.The company revealed the purchase on Jan. 6, stating that it spent about $101 million in cash on Dec. 30–31, 2024.The acquisition was made at an average price of roughly $94,004 per BTC, according to a filing with the United States Securities and Exchange Commission.MicroStrategy has not made additional Bitcoin purchases since Dec. 31, as noted in its current Form 8-K filing.Similarly to previous MicroStrategy’s Bitcoin buys, the latest acquisition was made using proceeds from the issuance and sale of shares under a convertible notes sales agreement.Metaplanet eyes upping Bitcoin holdings to 10,000 BTC in 2025Metaplanet is aiming to expand its Bitcoin stash more than fivefold to 10,000 Bitcoin in 2025, as analysts predict a bull run this year that could see Bitcoin rise above $200,000.The Japan-based venture capital firm was one of the most notable companies to follow MicroStrategy’s Bitcoin investment playbook in 2024 and currently holds 1,762 Bitcoin (BTC) worth $173.4 million from 19 purchases.Metaplanet CEO Simon Gerovich said in a Jan. 5 X post that its aim this year is to increase its holdings to 10,000 BTC “by utilizing the most accretive capital market tools available to us.” Gerovich also said it aims to advance Bitcoin adoption in Japan and globally, as well as to “grow Metaplanet’s impact in Japan and the Bitcoin ecosystem.”