Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), has reiterated his bold prediction that Bitcoin will not just rival gold, but grow to be ten times the size of gold. This conviction is rooted in the accelerating adoption of Bitcoin by corporate treasuries and institutional investors, a trend Saylor believes marks a fundamental shift in the global financial landscape.
In recent interviews, Saylor has described Bitcoin as the “next frontier” for national reserves and corporate treasuries. The core of his argument lies in Bitcoin's inherent advantages over gold. “You can’t teleport gold,” he explained, highlighting the precious metal's physical constraints, such as storage costs, transportation, and vulnerability to tariffs. In contrast, Bitcoin is programmable, borderless, and intangible, qualities that make it ideal for the modern digital economy.
Saylor's own company, Strategy, underscores this belief. The firm has transformed into the world's largest corporate owner of bitcoin by accumulating a significant hoard. Recently, Strategy acquired an additional 850 BTC, bringing its total holdings to 639,835 BTC. This strategy, initially developed to combat inflation and cash debasement, has inspired other corporations globally. More than 190 publicly traded firms now hold Bitcoin on their balance sheets.
The supply-and-demand dynamics further bolster Saylor's prediction. On average, miners generate around 900 Bitcoin per day. However, demand from businesses and ETFs is significantly higher, with businesses absorbing 1,755 BTC and ETFs another 1,430 BTC daily in 2025. This imbalance, according to Saylor, is putting upward pressure on Bitcoin's price. He believes Bitcoin is evolving beyond a simple hedge to become a form of digital capital for credit markets. “The world ran on gold-backed credit for 300 years. The world's going to run on digital gold-backed credit for the next 300 years,” he stated.
While gold remains a trusted safe haven with a history spanning thousands of years, the rise of Bitcoin as 'digital gold' is challenging its dominance. Analysts from Deutsche Bank have also supported the idea that central banks could hold both Bitcoin and gold in their reserves by 2030. As corporate and institutional adoption continues to accelerate, Saylor's vision of Bitcoin's supremacy over gold appears to be gaining traction, heralding a new era for digital assets.