Key Highlights
- Michael Saylor predicts Bitcoin will surpass gold’s market cap by 2035 due to scarcity.
- Strategy has accumulated 641,692 BTC, about 3% of the total Bitcoin supply.
- The Bitcoin vs. gold debate is heating up, with a public debate scheduled between CZ and Peter Schiff in December 2025.
Michael Saylor, executive chairman and co-founder of Strategy, said Bitcoin (BTC) will overtake gold’s market cap by 2035. In an interview with Yahoo Finance, Saylor called that year the “0.99 year,” referring to the time when 99% of all Bitcoin would have been mined. He added that the last 1% of Bitcoin will be released over the next 100 years.
He also described Bitcoin as the center of a “digital gold rush.” He said its value comes from how rare it is, how many people are using it, and its growing importance around the world.
“I have no doubt Bitcoin will become a larger asset class than gold within the next decade,” Saylor said in the interview. He added that the limited supply after 2035 will make Bitcoin even more valuable.
More acquisitions despite market downtrend
The remarks come as Bitcoin and other crypto assets have dropped in price. Bitcoin is currently trading at $98,638, down about 12% in a month.
As a result, Strategy and other crypto-linked stocks have also seen losses since mid-October. Despite this, Saylor said investors are still confident. “The fundamentals of the industry are so much better today than they were 12 months ago,” he said.
Strategy has been steadily buying BTC for years. Last week, the company bought 487 more coins, bringing its total holdings to 641,692 BTC. That is about 3% of all Bitcoin that exists. Saylor said the company uses cash flow and a mix of debt and equity to increase Bitcoin reserves.
The bitcoin vs. gold debate
The debate between Bitcoin and gold has long been a topic of discussion in the crypto space. Binance founder CZ has also predicted that Bitcoin could surpass gold, though he did not specify a timeline.
Peter Schiff, a vocal gold supporter, challenged CZ to a public debate, which Binance will host during its December 2025 Blockchain Week in Dubai. The discussion is expected to focus on Bitcoin and tokenized gold, exploring which is a better store of value.
Moreover, Saylor’s comments come as Bitcoin remains viewed as digital gold. Gold has outperformed Bitcoin by 52% this year, though Bitcoin still gained 9% overall. Strategy’s stock has fallen 22% in the same period.
Also Read: Jack Dorsey’s Cash App Launches Instant Bitcoin Payments
