Trump Wants Bitcoin Strategic Reserve: Why Marathon Digital Just Bought $100 Million Of BTC

Sign up for an IRA with iTrust today using this link: https://itrust.capital/David 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 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW FRED THIEL: Website: https://www.mara.com/ Twitter (@fgthiel): https://twitter.com/fgthiel FOLLOW DAVID LIN: Twitter (@davidlin_TV): https://twitter.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 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 #bitcoin #crypto #investing