Marathon CEO’s Monthly Investment Advice
Fred Thiel, CEO of Marathon Digital (MARA), the largest Bitcoin mining company, suggests investing a little in Bitcoin each month.
In a recent interview with Fox Business, Thiel shared a very optimistic forecast for 2025 for the largest cryptocurrency.
Bitcoin price predictions for 2025 are very bullish
Although the CEO of MARA did not give A specific price point for BitcoinHe said that the regulatory path only points towards the growth of BTC. Thiel Little The potential scarcity of Bitcoin supplies in the current market and how this increased demand could lead to prices rising further in 2025.
“We are very optimistic about this year. If the Bitcoin Strategic Reserve happens, a lot of other countries will follow suit. Which means that someone has to get Bitcoin from somewhere, because the small amount of Bitcoin that is mined every month, will not “So, you’re going to see price increases there,” Fred Thiel said.
Bitcoin’s supply shock has been a leading indicator of its bull cycle over the years. Number of bitcoins Available over the counter (OTC) Remarkably low, and has been so for the past year.
When demand rises, this supply shock causes Bitcoin to reach new heights. the The same pattern occurred earlier in 2024After the SEC approved 12 Bitcoin ETFs, which saw a rise in institutional demand.
So, if multiple Bitcoin reserves plan If it goes ahead in 2025, it could create a similar, if not bigger, supply shock. In the past two months, several countries, including major economies such as Russia and Switzerland, have already considered a strategic reserve of Bitcoin.
Invest in BTC every month
while Many advocates of BTC investments Recently, Thiel’s recommendation is certainly the most unusual. MARA CEO suggests everyone invest small amounts every month in the largest cryptocurrency for long-term cumulative gains.
However, this suggestion is based on statistical significance.
“If you look at the last 14 years, Bitcoin has only been down for 3 years. Over any period, you can look at Bitcoin and it has gone up on average between 29% to 50% per year easily. So, my advice “It’s all about setting aside a little bit of Bitcoin each month and forgetting about it,” Thiel said.
in general, CEO of Marathon Digital He is very optimistic about Bitcoin’s institutional expansion in 2025. He pointed to the banking giant’s previous news Morgan Stanley is likely to expand into cryptocurrencies More banks will likely follow suit in 2025, he said.
Thiel also acknowledged the influence of BlackRock CEO Larry Fink and The company’s Bitcoin ETF IBIT on institutional adoption of the asset in 2024. Back in November, BlackRock’s Bitcoin ETF was released The ETF has outpaced gold In less than a year from launch.
“The fact that someone with Larry’s credibility came out and endorsed Bitcoin, and was willing to compete with Gensler and the SEC, was a huge win.” Thiel said.
Thiel also suggested that the Trump administration and his government The first ever Presidential Crypto Council It will likely deliver several key developments to the industry in its first few months of operations. However, Thiel declined to comment on whether the president-elect had invited him to join the council.
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