{"id":20538,"date":"2025-01-22T13:56:26","date_gmt":"2025-01-22T11:56:26","guid":{"rendered":"https:\/\/forklog.com\/en\/mara-advocates-for-bitcoin-reserve-across-the-united-states\/"},"modified":"2025-01-22T13:56:26","modified_gmt":"2025-01-22T11:56:26","slug":"mara-advocates-for-bitcoin-reserve-across-the-united-states","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/mara-advocates-for-bitcoin-reserve-across-the-united-states\/","title":{"rendered":"MARA Advocates for Bitcoin Reserve Across the United States"},"content":{"rendered":"<p>The mining firm MARA is pushing for the implementation of a strategic Bitcoin reserve across all 50 states and by the federal government of the United States, according to the company&#8217;s CEO, Fred Thiel.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Focusing now on bringing the Strategic Bitcoin Reserve (aka SBR) to all 50 states and the Federal government. <a href=\"https:\/\/t.co\/7dzxWohFpm\">https:\/\/t.co\/7dzxWohFpm<\/a><\/p>\n<p>\u2014 Fred Thiel (@fgthiel) <a href=\"https:\/\/twitter.com\/fgthiel\/status\/1881860329543716929?ref_src=twsrc%5Etfw\">January 22, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The top executive confirmed a publication by MARA&#8217;s Director of Government Relations, Jason Browder. Browder expressed support for organizations promoting digital gold throughout the country.<\/p>\n<p>According to him, the Bitcoin reserve is a priority at both regional and federal levels. In this regard, MARA is collaborating with the administration of <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-becomes-47th-president-of-the-united-states-implications-for-the-crypto-industry\">the elected President of the United States, Donald Trump<\/a>.<\/p>\n<p>As of December 2024, public mining companies held over 92,000 BTC on their balance sheets. This trend was partly driven by MARA, Riot Platforms, and Hut 8 adopting a digital gold purchasing strategy similar to that of MicroStrategy.<\/p>\n<p>The reserves of four public miners have already exceeded 10,000 BTC. In January, <a href=\"https:\/\/forklog.com\/en\/news\/cleanspark-becomes-the-fourth-miner-with-bitcoin-holdings-above-10000-btc\">CleanSpark joined<\/a> the aforementioned trio.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1402.webp\" alt=\"1-1402\" class=\"wp-image-250136\"\/><figcaption class=\"wp-element-caption\">Data:\u00a0<a href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\" rel=\"noreferrer noopener\">BitcoinTreasuries<\/a>.<\/figcaption><\/figure>\n<p>On January 21, the market experienced a sharp profit-taking due to the absence of cryptocurrency mentions during Donald Trump&#8217;s <a href=\"https:\/\/www.cbsnews.com\/news\/watch-trump-inauguration-speech-2025\/\">inauguration speech<\/a>.<\/p>\n<p>In his address after taking office, the U.S. President did not touch upon the creation of a national Bitcoin reserve, which was among his <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-becomes-47th-president-of-the-united-states-implications-for-the-crypto-industry\">campaign promises<\/a>.<\/p>\n<p>Investors were disappointed: the day before, they had factored into prices the expectation that digital assets would become <a href=\"https:\/\/forklog.com\/en\/news\/trump-to-designate-cryptocurrency-a-national-priority-reports-say\">one of the priority areas<\/a> of government policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mining firm MARA is pushing for the implementation of a strategic Bitcoin reserve across all 50 states and by the federal government of the United States, according to the company&#8217;s CEO, Fred Thiel. Focusing now on bringing the Strategic Bitcoin Reserve (aka SBR) to all 50 states and the Federal government. https:\/\/t.co\/7dzxWohFpm \u2014 Fred [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,1185,36],"class_list":["post-20538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-marathon-digital-holdings","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20538"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20537"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}