Michael Saylor Predicts Bitcoin to Surpass Gold by 2035
Michael Saylor, executive chairman and co-founder of Strategy, forecasts Bitcoin will surpass gold’s market cap by 2035. He called 2035 the “0.99 year,” when 99% of all Bitcoin will have been mined. Saylor noted that the remaining 1% of Bitcoin will be mined over the next 100 years.
Saylor described Bitcoin as the center of a “digital gold rush.” He said Bitcoin’s value comes from its scarcity, user base, and global importance. “I have no doubt Bitcoin will become a larger asset class than gold within the next decade,” he stated in an interview. Saylor added that Bitcoin’s limited supply after 2035 will boost its value.
Strategy Accumulates Bitcoin Amid Market Dip
Bitcoin’s price has dropped about 12% over the past month and is currently trading near $98,638. Crypto-linked stocks, including Strategy, have also fallen since mid-October. Despite this, Saylor said investors remain confident. “The fundamentals of the industry are so much better today than they were 12 months ago,” he said.
Strategy has continued buying Bitcoin steadily for years. Last week, it added 487 BTC, bringing total holdings to 641,692 BTC, roughly 3% of all Bitcoin in circulation. Saylor said the company uses a mix of cash flow, debt, and equity to grow its Bitcoin reserves.
Upcoming Bitcoin vs. Gold Debate
The debate on Bitcoin versus gold as a store of value continues. Binance founder CZ has predicted Bitcoin might surpass gold but gave no timeline. Gold advocate Peter Schiff challenged CZ to a public debate.
Binance will host the debate during Blockchain Week in Dubai in December 2025. The discussion will focus on Bitcoin and tokenized gold and which is the stronger store of value.
This debate comes as gold has outperformed Bitcoin by 52% this year, while Bitcoin gained 9%. Strategy’s stock dropped 22% during the same period.