CEO of MARA: “Organizations are just ‘waiting to buy’ Bitcoin”

The CEO of Marathon Digital Holdings (MARA), in the current context of the cryptocurrency market, believes that organizations are waiting for the opportunity to buy Bitcoin. This situation reflects the growing confidence of institutional investors in cryptocurrency, particularly after the price of Bitcoin reached a record high of nearly $100,000 in November of this year. The optimism about the Trump administration's policies, with a commitment to create a more favorable legal environment for cryptocurrency, has stimulated interest from major investors.

Just two weeks after the election, more than $4 billion has been poured into Bitcoin ETF funds, demonstrating the increasing trust in this asset. The positive outlook from policies as well as the increased investment from large companies like Marathon has led many organizations to feel that this is a favorable time to enter the Bitcoin market. This not only boosts the price of Bitcoin but also helps solidify the position of Bitcoin mining companies like MARA amid competition in the industry.