Michael Saylor, the executive chairman of Strategy, predicted that the digital gold rush, more specifically the Bitcoin rush, would end.
Over the weekend, Saylor sparked a major debate within the crypto community by projecting the end of the digital gold rush. According to his projections, the digital gold rush for Bitcoin will end by January 7, 2035, nearly 10 years from today. Based on this projection, he urged users to ensure they acquire Bitcoin before the deadline.
Saylor Sees Bitcoin Rush Ending Sooner
As expected, the commentary has triggered a new debate around Bitcoin’s scarcity and utility as a store of value. It is common knowledge that Bitcoin has a maximum supply of 21 million coins. Of this maximum supply, 19.86 million Bitcoins are currently in circulation.
These BTCs are gradually released into circulation through rewards paid to Bitcoin miners for validating transactions on the network. Based on Bitcoin’s design, the number of BTC expected to enter the market reduces dramatically due to the Halving event.
Therefore, the last of the 21 million BTC is programmed to be mined by 2140, after which no other Bitcoins will be issued. However, Saylor has stunned many with his latest projection, stating that the rush for Bitcoin will end by January 7, 2035, instead of 2140.
The digital gold rush ends ~January 7, 2035. Get your Bitcoin before there is no Bitcoin left for you.
— Michael Saylor (@saylor) May 18, 2025
Growing Bitcoin Demand
His projection comes amid growing interest in Bitcoin from institutions and governments. Bitcoin, which was initially referred to as a speculative bubble in its early days, has attracted the attention of countries and institutions like Strategy.
Notably, Strategy is leading the front in the institutional adoption of Bitcoin and has scooped 568,840 BTC since August 2020. Other companies, including Metaplanet, have also adopted Strategy’s playbook by directly buying and holding Bitcoin as a treasury asset.
Governments have also taken notice of Bitcoin. For instance, El Salvador currently holds Bitcoin as a reserve asset, while other major countries, including the United States, are exploring long-term BTC acquisitions ahead of a potential rally.
Moreover, retail users have continued to acquire Bitcoin as a hedge against inflation. This comes as many people lose confidence in legacy financial systems.
Saylor’s Bitcoin Price Predictions for Beyond 2030
Amid this growing demand, Saylor expects the digital gold rush to end by January 2035. He therefore urged investors to ensure they get a slice of the Bitcoin pie before this deadline.
Indeed, the Strategy executive chairman has remained bullish on Bitcoin’s prospects. In his view, the digital gold will hit a unit value of $1 million by 2033. Meanwhile, farther into the future, he expects Bitcoin to hit a market cap of $500 trillion someday, translating to a price of $23.8 million per BTC.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
