Billionaire Democratic presidential candidate Michael Bloomberg told NBC News that he plans on staying in the Democratic primary race unless Bernie Sanders, the current front runner, wins a majority of delegates going into the national convention this July. With a still crowded field, and given Bernie's socialist policies, many in the Democratic Party are holding out hope for a scenario in which Sanders fails to achieve a majority of delegates. A mere plurality of delegates, short of a majority, will lead to a brokered convention in Milwaukee later this summer. In such a scenario, other candidates would have the opportunity to draw delegates into their camps.

"I'm going to stay right to the bitter end as long as I have a chance," Bloomberg vows in the interview. "If Bernie Sanders were to get a majority, then of course not."

Bernie Sanders has argued that he should be given the Party's nomination should he win a plurality of delegates. But Bloomberg and the other Democratic candidates have said that they want to see the convention process play itself out.

Bloomberg vowed to remain in the race in the event that Sanders wins a plurality of delegates but falls short of obtaining a majority.

"Yeah, I mean if it was one vote away from a majority then you'd have to start thinking about it," Bloomberg said. "But yeah, if it's just a plurality. You gotta be in it to win it."

"I'm running a race and I'm behind with one lap to go," Bloomberg said. "What am I going to quit? No. You run harder."

WATCH: @MikeBloomberg tells @Kasie Hunt that he will remain in the race if no candidate has a majority of the delegates by the convention. #MTPDaily



Bloomberg: “I'm running a race, and I'm behind with one lap to go. What, am I going to quit? No, you run harder.” pic.twitter.com/pfbytemNHb — Meet the Press (@MeetThePress) February 27, 2020

More than a third of the total delegates are up for grabs on Super Tuesday, when 14 states will head to the polls to choose a Democratic nominee on Mar. 3.