MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel said Thursday the company plans to adopt an opportunistic approach, leveraging Bitcoin (CRYPTO: BTC) to enhance “financial flexibility” where appropriate. MARA Records Paper Losses On Bitcoin During MARA's fourth-quarter earnings call, Thiel admitted that recent volatility in Bitcoin price has affected the sector's sentiments and aspects of the company's trading performance.
Fred Thiel Says MARA Holdings Will Leverage Bitcoin Holdings For 'Financial Flexibility' As Firm Pivots Beyond Pure-Play Mining
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MARA Holdings (NASDAQ:MARA) CEO Fred Thiel said Thursday during the company's fourth-quarter earnings call the firm will opportunistically leverage its Bitcoin holdings to enhance 'financial flexibility'; Thiel said recent Bitcoin volatility affected sector sentiment and portions of the company's trading performance.
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