MARA CEO Fred Thiel Says AI Data Centers Generate More Revenue Per Unit of Electricity Than Bitcoin Mining
2026-07-25 03:20:27
MARA CEO Fred Thiel said AI data centers generate significantly more revenue per unit of electricity than Bitcoin mining. According to NS3.AI, MARA has more than 4 GW of energy capacity and can continue mining Bitcoin until its facilities are converted into AI data centers. Thiel also said MARA previously sold around 20,000 BTC to repurchase discounted bonds and reduce debt.
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