Fred Thiel Plans to Establish a Strategic Bitcoin Reserve (SBR) Across All 50 U.S. States

MARA is working with policymakers to expand the initiative, supported by major companies like MicroStrategy.

Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA), announced his intention to establish a Strategic Bitcoin Reserve (SBR) across all 50 U.S. states.

The initiative, which is being supported by major companies like MicroStrategy, will see MARA work closely with policymakers to expand the SBR.

The announcement comes amid growing interest in Bitcoin from the Trump administration, with 11 states already introducing laws to create their own Bitcoin reserves.

Former President Trump's Bitcoin Reserve Plan Gathers Steam

One of the most prominent supporters of Former President Trump's Bitcoin reserve plan is Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA). Thiel has outlined a bold plan to establish a Strategic Bitcoin Reserve (SBR) across all 50 U.S. states and at the federal level.

In his latest tweet, Thiel highlighted the importance of expanding the SBR initiative.

Focusing now on bringing the Strategic Bitcoin Reserve (aka SBR) to all 50 states and the Federal government.

This move could signal a massive change. Here are the details.

MARA's Vision for Bitcoin

Thiel's plan is to make Bitcoin a central part of U.S. financial policies, showcasing MARA's commitment to the cryptocurrency. This move could represent a major shift in how Bitcoin is viewed within the U.S. economy.

The timing is critical, as the Trump administration is aiming to turn the U.S. into a leading force for Bitcoin. Already, 11 states, including Florida, Alabama, Wyoming, Utah, and Massachusetts, have introduced laws to create their own Bitcoin reserves.

A Nationwide Movement

MARA is actively working to make the Bitcoin Reserve a reality. The company is collaborating with policymakers and advocacy groups to push this initiative nationwide.

Jayson Browder, MARA's Senior Vice President of Government Affairs, emphasized that the SBR is their top priority, and the company is working closely with the Trump administration to help make it happen.

In a recent interview with Yahoo Finance, Browder stated, "The Bitcoin standard, the Bitcoin reserve, is our number one priority from a government affairs perspective."

"We're working very closely with the Trump administration on this. We're working very closely with the legislature, and we're working very closely with the state advocacy groups that are pushing to get this legislation passed and enacted into law."

The Bitcoin Reserve plan is also getting support from notable figures such as Coinbase (NASDAQ:COIN) CEO Brian Armstrong, who sees Bitcoin as a potential reserve asset.

In a recent interview with Axios, Armstrong argued that if countries hold gold for financial stability, they should consider Bitcoin for its ability to reshape global finance.

"If countries are going to hold a reserve asset for financial stability, like gold, then they should consider Bitcoin because it has the potential to completely transform global finance for the better," Armstrong said.

He went on to express his belief that the U.S. adopting Bitcoin as a reserve could encourage other G20 countries to follow suit.

"I think it would be a very powerful statement. I think it would speak volumes about where the U.S. is headed, and I think it would encourage other G20 countries to consider the same."

MARA Stays Committed

MARA's focus on Bitcoin is not new. The company is one of the largest corporate holders of the cryptocurrency and continues to buy more to strengthen its position.

This approach mirrors the strategy of other companies like MicroStrategy (NASDAQ:MSTR), which has invested billions in Bitcoin. Firms like Tesla (NASDAQ:TSLA), Block Inc. (NYSE:SQ), and Hut 8 Mining Corp. (NASDAQ:HUT) have also embraced Bitcoin as part of their financial strategies.

The company's commitment to Bitcoin and its role in U.S. financial policies is set to continue as Thiel and MARA work to expand the Strategic Bitcoin Reserve initiative.