Bitcoin (BTC-USD) has surged to new heights this year, with its value more than doubling and briefly approaching the $100,000 mark. Despite recent pullbacks, investors remain bullish about its long-term potential.

Marathon Digital Holdings (MARA) CEO Fred Thiel, joins Market Domination Co-hosts Julie Hyman and Josh Lipton to discuss the ongoing bitcoin rally, the role of institutional investors, and the potential impact of the incoming Trump administration.

“Bitcoin is definitely something every company should have on its balance sheet,” Thiel said.

With bitcoin’s finite supply, Thiel sees it as a hedge against inflation and currency devaluation.

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This post was written by Cindy Mizaku.