Bitcoin is about to face a big change. David Marcus, CEO of Lightspark, says the price of Bitcoin could rise sharply soon. The reason is simple: Bitcoin is running low on supply, while big companies are buying more.
Bitcoin has a fixed supply of 21 million coins. So far, 94.6% of these coins are already out there. Only about 1.4 million new Bitcoin will be made in the next 115 years. Mining rewards get smaller every four years, which means fewer new coins are created over time.
At the same time, many big companies are buying Bitcoin. Michael Saylor’s company, Strategy, owns over 580,000 Bitcoin, worth nearly $63 billion.
Other firms like Metaplanet and Marathon Digital are also buying more Bitcoin. Banks and investment groups such as Goldman Sachs and Wells Fargo have started investing in Bitcoin through ETFs. Recently, Trump Media said it plans to raise $2.5 billion to buy Bitcoin.
Experts are very optimistic about Bitcoin’s price. Standard Chartered thinks Bitcoin could reach $200,000 by the end of 2025. Cathie Wood predicts $1.5 million by 2030, and Michael Saylor says Bitcoin might hit $13 million by 2045.
With less Bitcoin available and more buyers, Marcus says things are “going to get so wild” for Bitcoin soon.
