Bitcoin hodler and Strategy chairman, Michael Saylor, has once again got the crypto world buzzing. In his X post on May 18th, Saylor hinted at a timeframe by which he believes Bitcoin will become scarce. His one-line tweet stated — “The digital gold rush ends ~January 7, 2035. Get your Bitcoin before there is no Bitcoin left for you.”
The deadline got the crypto community wondering: What happens to Bitcoin post-2035? And how many Bitcoins will be mined by then? Many comments on the X post turned to Grok, Elon Musk’s AI assistant, to fact-check the numbers.
Grok got into the details, stating facts about the 21 million total supply of Bitcoin and even calculating the number of BTC mined daily to about 450 currently. It gave details of the process of reward halving that takes place every four years, and how, based on these calculations, ‘between now and January 2035, roughly 1,026,900 BTC will be mined (469,350 + 557,550)’. It went on to add that Bitcoin would not hit the 21 million cap until closer to 2140, but by 2035, we are looking at over 98% of Bitcoin mined.
Another comment on the tweet came from Peter Schiff, Chief Economist & Global Strategist at Europac.com, who said that “people would have lost interest in Bitcoin by 2035”.
This isn’t the first time Saylor has predicted the ‘golden era’ for Bitcoin. In a previous interview, he explained how the best window of opportunity for investors to accumulate Bitcoin was in the next ten years, as the largest cryptocurrency would start getting scarce but also fully integrated into the global financial system.
Interestingly, Bitcoin had quite a hay day in trade on May 19th, witnessing close to 3% gains and rising as much as $106,230 in the last 24 hours. For now, BTC seems to be retreating, but it’s still not so far away from its all-time-high of $109,114.88 that it set on January 20, 2025.
