Fred Thiel, CEO of Marathon Digital Holdings, explains how the firm is using near-zero-cost energy, strategic Bitcoin accumulation, and vertical integration to lead mining and benefit from rising institutional and sovereign demand.Watch Fred's last interview with David: https://www.youtube.com/watch?v=mKbHif51CHg*This video was recorded on May 27, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW BONNIE BLOCKCHAIN: YouTube: https://www.youtube.com/@BonnieBlockchainX (@BlockBonnieC): https://x.com/BlockBonnieCInstagram: https://www.instagram.com/bonnieblockchainTikTok: https://www.tiktok.com/@bonnieblockchainFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.0:58 - Bitcoin catalysts3:31 - Bitcoin’s price and floor9:05 - Bitcoin mining business15:00 - Zero-cost energy17:29 - AI and datacenters19:42 - How investors should understand MARA21:31 - Mining and government partnership23:50 - Mining and tech28:30 - Bitcoin’s 21M cap#bitcoin #economy #investing