Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA), suggests that saving consistently in Bitcoin (CRYPTO: BTC) is a smart long-term strategy as the cryptocurrency gains deeper traction in traditional financial markets.
What Happened: In an interview with Fox Business on Thursday, Thiel highlighted Bitcoin’s resilience over the past 14 years, stating it has only experienced annual declines three times, one of which coincided with the global market downturn during the COVID-19 pandemic.
“On average, Bitcoin has appreciated between 29% and 50% annually,” Thiel observed, recommending …
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