Your BTC holdings rose, but you also started selling production. How do you balance that?
Replied byFred Thiel
Chairman and CEO, MARA Holdings at MARA Holdings
Niche: Cryptocurrency, AI, Technology, Finance
Revenue: $1M+/month
Location: USA
Started: 2010
We announced in our Q3 call we would start selling some of our production Bitcoin, and we have done that. But we still net increase our balances every month anyway. The goal is to fund operations responsibly while keeping a strong balance sheet and growing the asset base over time.
0
From the Full Interview
This answer is part of a full interview with Fred Thiel, Chairman and CEO, MARA Holdings at MARA Holdings.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Fred Thiel's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What role does training play in your company?
By Paul Guyett
Retail
$1M+/mo
Can you tell us how the business started and what that means to you today?
By Paul Guyett
Retail
$1M+/mo
What leadership lesson stands out from managing a long-established company?
By Paul Guyett
Retail
$1M+/mo
How does sustainability influence your decisions?
By Paul Guyett
Retail
$1M+/mo
What advice would you give to someone building a long-term business?
By Paul Guyett
Retail
$1M+/mo
How has the business evolved over the years?
By Paul Guyett
Retail
$1M+/mo
How did customers react when you moved locations?
By Paul Guyett
Retail
$1M+/mo