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Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), discusses why the company recently completed the purchase of $100 million of Bitcoin to add to its balance sheet, and why a potential Bitcoin Strategic Reserve is rumored to be announced by Donald Trump this week.
*This video was recorded on July 26, 2024
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0:00 - Intro
0:55 - $100 million BTC purchase
4:00 - Bitcoin sentiment
6:50 - Bitcoin strategic reserve
10:53 - Bitcoin at inflection point
12:00 - Bitcoin ETF
13:29 - Price outlook
14:55 - Political attitude on crypto
17:32 - Trump wants BTC mining in U.S.
19:13 - Ethereum
20:26 - Bitcoin mining costs
22:45 - Marathon Digital future plans
#bitcoin #crypto #investing