MARA CEO Fred Thiel Underscores Company’s ‘Twin Turbocharge Strategy’ Of Bitcoin HODL And Mining: ‘You See The Benefit Of Both The Sides’

MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel reiterated the company’s commitment to its Bitcoin holding strategy on Thursday, emphasizing the potential benefits for its stockholders.

What Happened: During the first quarter earnings call, Thiel said MARA held a “distinguishing” position in the market, allowing shareholders to gain from its Bitcoin HODL play as well as pure-play mining activities.

“What MARA is doing is a twin turbocharge strategy,” Thiel said. “And then when you drive a twin turbo engine, you see the benefit of both the sides.”

Thiel also noted that the decision to pivot to a “full HODL” strategy was based on careful market conditions and macroeconomic factors analysis, which he believed …

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