When Binance CEO Richard Teng called Bitcoin the “digital gold of our time,” most observers shrugged - it’s a phrase that’s been used for years.
But this time, the response came from someone who has spent billions putting that idea into practice: Michael Saylor. His answer? A single word – “Yes.”
For Saylor, that affirmation was more than casual agreement. It was a statement of conviction. The billionaire founder of MicroStrategy has spent years transforming his company’s reserves into Bitcoin, amassing a fortune now worth nearly $79 billion. To him, the comparison between gold and Bitcoin isn’t metaphorical anymore – it’s financial reality.
The Chart That Says It All
Saylor’s reply was accompanied by a striking chart: one Bitcoin now equals roughly 30 ounces of gold, a figure that briefly peaked at 37 earlier this year. Even after the recent market pullback, Bitcoin’s strength against the precious metal remains near historic highs – far above the ratios seen just two years ago.
To traders, that ratio tells a bigger story than slogans ever could. Despite corrections in both assets, Bitcoin continues to hold its ground relative to gold, cementing its role as a parallel store of value in the modern financial system.
Gold Shines Brighter in 2025
Ironically, this debate comes during a year when gold has outperformed nearly every major asset, rallying 54% in 2025 compared to Bitcoin’s 30% gain. The surge has been fueled by inflation fears, global trade tensions, and a wave of central bank buying – a reminder that physical gold’s allure hasn’t faded.
But for Saylor, those numbers don’t contradict his thesis. His stance has always been philosophical as much as financial: Bitcoin doesn’t need to outperform gold to replace it. The cryptocurrency, in his view, is gold – only faster, divisible, and immune to political manipulation.
That’s why his simple “Yes” resonated. Teng’s statement wasn’t newsworthy until it met Saylor’s approval – a symbolic handshake between the head of the world’s largest exchange and the man who turned corporate finance into a Bitcoin strategy.
While gold may be having a strong year, the cultural shift is unmistakable. The world’s richest institutions now trade and store Bitcoin as a reserve asset. Charts fluctuate, but the narrative – that Bitcoin is digital gold – seems to have crossed the point of no return.
