Saylor Sees Decade-Long Bitcoin Gold Rush to 2035
Michael Saylor, chairman of Strategy, expects a decade-long gold rush in Bitcoin by 2035 due to the shrinking issuance of new coins meeting growing demand through financial products.
Saylor chose the year 2035 because he believes that by then, approximately 99% of Bitcoin's eventual supply will have been mined.
He expects a growing financial market around Bitcoin to bring in buyers with needs beyond direct price exposure, including income investors seeking regular payments.
Strategy, the company he chairs, already sells preferred shares to investors seeking income, providing a practical example of the market Saylor expects to expand.
Saylor's argument covers ETFs, treasury companies, income securities, and wider bank lending against Bitcoin, as well as the use of preferred shares like Strategy's STRC to offer steadier income.