What is the institutional investment thesis for a miner now that ETFs exist?
Replied byFred Thiel
Chairman and CEO, MARA Holdings at MARA Holdings
Niche: Cryptocurrency, AI, Technology, Finance
Revenue: $1M+/month
Location: USA
Started: 2010
Many investors value us close to the value of our Bitcoin holdings, and mining can get little attribution in market cap. But savvy investors look at our sites and power pipeline. The biggest constraint in AI is power, and the fastest way to get power is converting a mining site, so optionality matters.
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