Fred Thiel

MARA Holdings CEO Fred Thiel said AI data centers generate more revenue per unit of electricity than Bitcoin mining, prompting a strategic pivot. The company partnered with Starwood Capital Group to r…

MARA Holdings, a Bitcoin mining company, agreed to acquire a 1,200+ acre powered site in Matagorda County, Texas, from HIF USA, gaining access to up to 2 GW of grid capacity by April 2028. The site wi…

A Duke University study finds Bitcoin mining could support up to 76 GW of new electricity demand while stabilizing the grid as AI data centers consume ever more power. Bitcoin miners can shut down wit…

Mara Holdings increased its Bitcoin holdings by 1,000 BTC to 36,303 BTC, even as the mining giant has sold roughly a third of its stash this year to repurchase debt and diversify into AI infrastructur…