Biden Says He Is Not Willing To Strike A Deal With 'Crypto Traders' While Americans Are Struggling
Portfolio Pulse from Mehab Qureshi
President Joe Biden stated that he will not agree to a budget deal favoring wealthy tax cheats and cryptocurrency traders over struggling Americans. This comes as Marathon Digital Holdings Inc's CEO Fred Thiel warned that Biden's tax on American Bitcoin miners may cause them to move operations out of the country.
May 22, 2023 | 4:05 am
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Marathon Digital Holdings may be affected by Biden's tax on American Bitcoin miners, as CEO Fred Thiel warns it could cause miners to move operations out of the country.
Biden's tax on American Bitcoin miners could negatively impact Marathon Digital Holdings, as it may lead to miners moving their operations out of the country. This could result in a loss of business for the company and potentially affect its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80