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sky
@skyecho1.eth
Marathon Digital CEO Predicts Bitcoin Could Hit $200,000 by Year’s End Fred Thiel, CEO of Bitcoin mining firm Marathon Digital, said in an interview with CNBC that Bitcoin could reach between $150,000 and $200,000 by the end of the year. He cited factors driving the price increase as a more favorable regulatory environment and the acceptance of Bitcoin by private and government entities. He also cited a cap on the supply of Bitcoin and the possibility of governments creating strategic reserves of Bitcoin, which could further drive the price higher.
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