MARA CEO Discusses Bitcoin Slide, Earnings
November 4, 2025
Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying. On Tuesday, the original cryptocurrency fell below $100,000 for the first time since June. That’s down more than 20% from a record high reached a month ago, a plunge consistent with a bear market in equities. Crypto company stocks also fell amid the risk-off rally. Fred Thiel, Mara Inc CEO, joins Scarlet Fu on “Bloomberg Crypto” to discuss the company’s earnings and pressure in crypto prices. (Source: Bloomberg)
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