Michael Saylor predicts 99% of Bitcoin will be mined by January 2035, impacting scarcity and rewards.

From Investing.com
September 29, 2024 10:30 AM:

MicroStrategy’s Michael Saylor predicts 99% of Bitcoin will be mined by January 2035. Currently, 94.10% of the maximum supply of 21 million BTC has been mined, leaving about 1,239,588 BTC remaining. Saylor’s forecast suggests an accelerated mining rate over the next decade, with implications for Bitcoin’s scarcity and mining rewards.

Bitcoin price hits $66,550, reaching its highest point since August. At $65,988, BTC saw a 0.09% rise in the last 24 hours. September is set to be one of Bitcoin’s best months, with an 11.31% increase compared to previous losses. Analysts believe a green September could lead to significant gains in the final quarter of the year.

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