📺 !!CRYPTO NEWS!!

CEO of Marathon Digital urges the U.S. to mine Bitcoin for a strategic reserve

The CEO of Marathon Digital, Fred Thiel, urged the United States to begin mining Bitcoin to fill its strategic reserve, calling current plans insignificant without concrete action.

He suggested using excess hydroelectric energy and seized BTC as a starting point, echoing Senator Lummis's support for converting low-yield assets into cryptocurrencies.

✅ POSSIBLE ADVANTAGES.

1. Increased demand:

If the U.S. starts mining and accumulating Bitcoin, it may generate greater institutional confidence, which usually drives the price up.

2. Validation of Bitcoin's value:

Government backing (even partial) reinforces the narrative of BTC as "digital gold" or a legitimate store of value.

3. Reduction of available supply:

If the government starts to hold BTC instead of selling it, there will be less supply in the market, which could cause a price increase (law of supply and demand).

4. Greater stability and adoption:

The implication of a country like the U.S. could accelerate global adoption of Bitcoin, bringing more investors and liquidity to the market.

5. Possible domino effect:

Other countries might follow suit, which could lead to a sustained "bull run" in the long term.

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