Fred Thiel, CEO of Bitcoin mining company Marathon Digital Holdings (MARA), has suggested that retail investors consider a long-term investment strategy in Bitcoin.
Fred Thiel, CEO of Bitcoin mining company Marathon Digital Holdings (MARA), has suggested that retail investors consider a long-term investment strategy in Bitcoin.
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 years.
However, he acknowledged that Bitcoin remains a volatile asset compared to traditional financial investments, which may pose challenges for some investors.
The MARA CEO identified several factors that could drive Bitcoin prices higher in 2025, such as the possibility of a U.S. Bitcoin reserve, increased institutional adoption via spot Bitcoin exchange-traded funds, and a more favorable regulatory environment potentially under the incoming Trump Administration.
In a related development, a poll conducted by Bitcoin advocate Michael Saylor found that 77.7% of the 65,164 participants plan to increase their Bitcoin holdings in the upcoming year.
This aligns with MARA's strategic shift, as the company has adopted a new treasury policy to retain all Bitcoin mined, increasing its holdings significantly from 15,174 Bitcoin at the beginning of the previous year to 44,394 Bitcoin at its closure in 2024.
MARA's Bitcoin reserves, currently valued at approximately $4.3 billion, make it the second-largest holder of Bitcoin among publicly traded companies, following MicroStrategy, which holds 446,400 Bitcoin.
The value of MARA's holdings surged nearly 120% over the past year, reflecting the broader market trends in cryptocurrency.