**🖼 Marathon Digital CEO: Will acquire Bitcoin mining companies and related ...

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2023-12-14 22:31:01

**🖼 Marathon Digital CEO: Will acquire Bitcoin mining companies and related infrastructure within the next two years Marathon Digital CEO Fred Thiel ...**

**Marathon Digital CEO: Will acquire Bitcoin mining companies and related infrastructure within the next two years**

Marathon Digital CEO Fred Thiel said in an interview with Bloomberg that he plans to acquire rival Bitcoin mining companies and related infrastructure within the next two years. "We intend to expand significantly in 2024 and 2025, and you will see us becoming a consolidator in the industry," he said. Thiel believes that the SEC’s approval of a spot Bitcoin ETF should be beneficial to miners as it will boost overall demand for the cryptocurrency.

Marathon Digital, one of the largest crypto miners based in Las Vegas, has seen its shares rise more than 400% this year, while Bitcoin has gained about 160% over the same period.#Blockchain (https://t.me/Crypto_Blockchain_Coin_Stock_New/4763?q=%23Blockchain)@money (https://t.me/money)

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