As the highly anticipated Bitcoin halving event approaches, speculations abound regarding its potential impact on the digital asset market. Marathon Digital Holdings Inc., led by CEO Fred Thiel, offers a unique perspective on this matter. Thiel suggests that the effects of the halving may already be priced into the market due to various factors, including the recent surge in bitcoin’s value and the approval of spot Exchange-Traded Funds (ETFs).

Fred Thiel’s Perspective: Halving Already Factored In

The Bitcoin halving, an event programmed into the Bitcoin’s protocol, occurs approximately every four years. During this event, the reward for Bitcoin miners is halved, reducing the rate at…

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