Bitcoin Expected to Surge Again by Late 2025: Saylor

Corporate and institutional demand could outpace supply, fueling year-end rally

Bitcoin will likely regain strong upward momentum toward the end of 2025 as institutional and corporate demand continues to exceed the natural supply, according to Michael Saylor, executive chairman of Strategy.

Speaking on CNBC’s Closing Bell Overtime, Saylor highlighted that corporate adoption, along with steady accumulation from exchange-traded funds (ETFs), is absorbing nearly all newly mined Bitcoin. He noted that businesses acquiring Bitcoin are purchasing far more than the 900 BTC miners produce daily, creating consistent buy pressure.

Strategy chair Michael Saylor said Bitcoin demand from ETFs and companies is surpassing daily miner supply, which could drive a year-end rally. Source: CNBC

A recent report by financial services firm River estimated that corporations are securing 1,755 BTC daily in 2025, while ETFs are purchasing an additional 1,430 BTC per day. This imbalance, Saylor said, is a key driver of long-term price strength.

Market pressures point to rebound despite turbulence

Bitcoin has been trading between $111,369 and $113,301 in the past 24 hours, with a seven-day range stretching from $111,658 to $117,851, per CoinGecko data. Earlier this week, traders faced nearly $2 billion in liquidations during one of 2025’s largest shakeouts, which analysts attributed to technical factors rather than weak fundamentals.

“As we work through resistance and broader macroeconomic challenges, I expect Bitcoin to climb sharply again toward the end of the year,” Saylor said.

Public companies see stronger balance sheets through BTC

Saylor explained that companies integrating Bitcoin generally fall into two groups. The first are operating companies that, instead of issuing dividends or buybacks, choose Bitcoin as a treasury reserve. According to Bitbo, at least 145 companies now hold Bitcoin, with Strategy alone owning 638,985 BTC.

“That choice strengthens their capital structure and makes those companies more resilient,” Saylor added.

Bitcoin as digital capital for future finance

The second group, described by Saylor as “true treasury companies,” are capitalizing on Bitcoin as the foundation for long-term financial instruments.

“The world operated on gold-backed credit for 300 years. Now it’s transitioning to digital gold-backed credit for the next 300 years,” Saylor said. “Treasury firms are using Bitcoin to create digital credit instruments, meeting growing demand across equity and capital markets.”

He emphasized that Bitcoin is increasingly emerging as the premier form of digital capital, anchoring both modern treasury strategies and the next wave of financial innovation.