Strategy's Michael Saylor says 'no doubt in my mind' bitcoin will be bigger than gold within a decade

Core Viewpoint - Michael Saylor, founder and executive chairman of Strategy (MSTR), believes that bitcoin will surpass gold as a larger asset class by 2035, requiring its price to exceed $1.4 million per coin [1][2]. Company Overview - Strategy, formerly known as MicroStrategy, has transitioned from a business intelligence software company to an investment vehicle focused on accumulating bitcoin and offering related financial instruments [4][5]. - The company currently holds 641,692 BTC, representing 3% of bitcoin's total supply, after purchasing an additional 487 bitcoin recently [5]. Market Performance - Bitcoin's market cap is approximately $2.04 trillion, while gold's market cap stands at $29.2 trillion [1]. - Despite a recent correction in the cryptocurrency market, bitcoin has risen over 8% since the beginning of the year, although it has underperformed compared to the S&P 500 and Nasdaq Composite [3]. - In contrast, gold has seen a significant increase of 60% during the same period [4]. Industry Sentiment - Saylor asserts that the fundamentals of the cryptocurrency industry are stronger now than they were a year ago, despite current negative market sentiment, which he views as an opportunity for equity investors [6].