MICHAEL SAYLOR PREDICTS 99% OF BITCOIN MINED BY 2035

Michael Saylor, co-founder of MicroStrategy, predicts that 99% of Bitcoin will be mined by January 2035, much earlier than expected. Currently, 94.10% of Bitcoin's supply (about 19.76 million BTC) has already been mined, leaving just over 1.2 million BTC to be mined.

This rapid mining could drive up Bitcoin's price due to scarcity. As mining rewards shrink, miners may face reduced profitability, potentially reshaping the market.

Bitcoin recently surged to $66,550, marking an 11.31% increase in September, a contrast to its usual September losses. Analysts suggest this could signal even greater gains for the rest of the year.

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