U.S. To Hold As Much Bitcoin As Gold? Why Marathon Digital Just Bought $100 Million Of BTC

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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

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