Michael Saylor Warns of Impending Bitcoin Scarcity
MicroStrategy Chairman Michael Saylor has issued a stark warning: the opportunity to accumulate Bitcoin is rapidly disappearing.
The Digital Gold Rush
Saylor likens the current Bitcoin market to a "digital gold rush," driven by institutional and corporate adoption, further accelerated by the approval of Bitcoin exchange-traded funds (ETFs). He emphasized that MicroStrategy continues to acquire more Bitcoin.
A Looming Deadline
According to Saylor, this digital gold rush is finite. He predicts it will end around January 7, 2035, urging individuals to secure their Bitcoin holdings before it's too late. "Get your Bitcoin before there is no Bitcoin left for you," he stated.
Diminishing Supply
The CEO of Bitwise, Hunter Horsley, echoed these concerns, noting that public corporations have already purchased a significant portion of this year's newly mined Bitcoin. Matt Hougan, Bitwise investment chief, also pointed to the fact that while 95% of Bitcoin is already owned, 95% of the world's largest investors have no exposure.
The message is clear: Bitcoin scarcity is becoming a real concern for investors.