Institutions Just ‘Waiting To Buy Up’ Bitcoin, Says MARA CEO
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs. Thiel dismissed the impact of the recent Bitcoin halving, stating, “I think the halving had zero effect.” Instead, he attributed the Bitcoin price surge to the introduction of spot exchange-traded funds (ETFs) earlier this year. “In January, you had the ETFs that launched that drove all of a sudden the....
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MARA Holdings Inc. – a US-based cryptocurrency mining firm – increased its Bitcoin (BTC) reserves by 373 BTC in September, pushing its total holdings to 52,850 from 52,477 BTC. Following today’s update, MARA remains the second-largest public company with BTC reserves, trailing Michael Saylor’s Strategy. MARA Holdings Increases Bitcoin Reserves According to an official announcement […]
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China’s recent crackdowns on Bitcoin will boost profitability for US miners like MARA and RIOT, according to B. Riley analyst Lucas Pipes. China’s Bitcoin Ban To Benefit MARA And RIOT Pipes has raised price targets and estimates for both Marathon Digital (MARA) and Riot Blockchain (RIOT) amid the ongoing crackdowns in China. The analyst says: […]
Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research. East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users.Coinbase Ventures, Alameda Research, Huobi Ventures and other prominent venture capital firms and angel investors have contributed $23 million to launch MARA. The exchange will initially operate in Kenya and Nigeria, offering new users a basic exchange platform to acquire, trade and....
MARA Holdings just announced that its Bitcoin treasury is nearing $6B after mining 705 Bitcoins in August with an average of 22.7 tokens per day. This performance is the result of an increase in hashrate to 59.6 EH/s and the company enabling its Texas wind farms. The official press release also stated that MARA plans […]