MARA CEO Advocates Bitcoin Investment Strategy for Retail Investors
Fred Thiel, CEO of Bitcoin mining company Marathon Digital Holdings (MARA), has suggested that retail investors consider a long-term investment strategy in Bitcoin.
In a recent interview with FOX Business, Thiel pointed out that Bitcoin’s price has only fallen in three out of the last 14 calendar years, emphasizing the crypto potential for appreciation over time.
Thiel recommends that investors, including his own children, set aside a small amount of Bitcoin each month and take a hands-off approach. He stated, “Over two, three, four years, it grows, and that’s what people do,” highlighting that Bitcoin tends to rise between 29% and 50% annually in most…