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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
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