Michael Saylor, the Executive Chairman at Strategy, anticipates that Bitcoin
He suggests that the expanding interest shown by corporations and significant investors is gradually diminishing
the available supply of Bitcoin for acquisition.
In an interview featured on CNBC’s Closing
Bell Overtime on September 23, Saylor elaborated that an increasing
number of companies are integrating Bitcoin into their core financial strategies.
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Furthermore, prominent exchange-traded funds (ETFs) are consistently acquiring Bitcoin on behalf of their
institutional clientele.
Saylor points out that the demand from these corporate entities surpasses the current production rate of
Bitcoin miners. He posits that this discrepancy between supply and demand contributes significantly
to the potential for price appreciation.
He highlighted two principal categories of companies engaging in Bitcoin
investment. First, there are traditional businesses that might otherwise allocate excess capital
to shareholder benefits, such as dividends or share repurchases. However, these companies are opting to
hold Bitcoin as a treasury reserve.
The second category comprises firms that specialize in capital management, leveraging Bitcoin to create novel
financial instruments like digital credit products.
Saylor drew a parallel between this contemporary shift and historical economic systems reliant on gold to
underpin credit systems, stating:
The world operated on a gold-backed credit system for three centuries. In the future, the global economy
will transition towards a digital gold-backed credit system over the next 300 years.
On September 15th, Tom Lee, Chairman of BitMine, presented his forecasts for the expansion of Bitcoin and
Ethereum throughout the concluding quarter of 2025. Eager to learn more? Read
the complete article.