Strategy’s CEO Michael Saylor Predicts Bitcoin Could Outpace Gold by 10x

Key Takeaways:

• Strategy CEO Michael Saylor projects Bitcoin could exceed that of gold by ten times.
• He bases this potential on Bitcoin’s borderless transferability over gold’s physical limits.
• Profits from gold reserves could be used to fund the national Bitcoin reserve.

Strategy CEO and Bitcoin evangelist Michael Saylor predicted that Bitcoin could eventually reach ten times the value of gold. He explained that, unlike gold, which is weighed down by tariffs, storage issues, and physical barriers, Bitcoin operates as a borderless and programmable asset. 

Bitcoin is the ‘Next Frontier’ for National Reserves and Corporate Treasuries

In an interview with CNBC, Michael Saylor described Bitcoin as the next frontier for national reserves and corporate treasuries. He argued that Bitcoin strengthens balance sheets in ways that traditional cash or buybacks cannot. 

Today with @MorganLBrennan, I discussed the differences between Bitcoin, Gold, and other crypto networks — and the rise of Digital Treasury Companies, Digital Credit, and Digital Finance. pic.twitter.com/sdbWWEIq0E

— Michael Saylor (@saylor) September 23, 2025

For Saylor, “Bitcoin is money while everything else is credit,” a phrase he borrowed and reworked from gold’s long-held reputation as real money.

This view highlights Saylor's belief in Bitcoin accumulation. According to him, companies that steadily build Bitcoin reserves create long-term protection against inflation and market shocks. Unlike other assets, Bitcoin can serve as both a store of value and a growth strategy.

This trend is evident in the posture of several firms on Bitcoin accumulation. 

Earlier this month, Japanese treasury firm Metaplanet made its largest Bitcoin purchase so far, buying 5,419 BTC worth about $632.5 million. 

Capital B followed suit with the purchase of 551 BTC for €54.7 million, raising its total holdings to 2,800 BTC. 

Strategy itself is no stranger to BTC accumulation. 

The firm added 850 BTC for nearly $100 million. With this latest acquisition, the company now controls 639,835 BTC, the largest Bitcoin treasury in the corporate world.

Strategy has acquired 850 BTC for ~$99.7 million at ~$117,344 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025. As of 9/21/2025, we hodl 639,835 $BTC acquired for ~$47.33 billion at ~$73,971 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/rG5pvryeYL

— Michael Saylor (@saylor) September 22, 2025

Bitcoin adoption is spreading across markets as more than 190 publicly traded firms now have BTC on their balance sheets. 

Gold, however, still commands attention. The precious metal recently hit an all-time high of $3,759.12 per ounce. 

Nonetheless, Saylor maintains that Bitcoin holds the advantage.

Is the U.S. Government Slowly Pivoting from Gold to Bitcoin?

Recent U.S. policy initiatives suggest a potential strategic shift that could prioritize Bitcoin alongside, or even over, gold.

Earlier this year, President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile.

Shortly thereafter, Senator Cynthia Lummis reintroduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act (BITCOIN Act). The proposal sets out a plan for the U.S. government to acquire 200,000 BTC each year over five years, building a 1 million BTC reserve.

Proud to re-introduce the BITCOIN Act. Let’s secure America’s financial future.pic.twitter.com/jJFmMopP7h

— Senator Cynthia Lummis (@SenLummis) March 11, 2025

The funding mechanism for this reserve is a key point of discussion. Treasury Secretary Scott Bessent has stated that expansion would be budget-neutral, potentially utilizing assets seized from criminal cases.

In August, Treasury Secretary Scott Bessent explained that the expansion of the Bitcoin reserve would be achieved through budget-neutral methods. One of these methods is the use of assets seized in criminal cases.

Senator Lummis, however, has proposed a more direct link between the old and new reserve assets.

She proposed revaluing the nation’s gold reserves at today’s higher prices and transferring the added value into the Bitcoin reserve. This idea directly links the old foundation of U.S. reserves, gold, with the new frontier, Bitcoin.