MARA's Chairman and CEO, Fred Thiel, provides remarks at the inaugural Hill Nation Summit in Washington D.C.
Fred Thiel was honored to speak at the first-ever Hill Nation Summit about the future of Bitcoin mining and its role in strengthening America’s energy infrastructure. He joined a standout lineup of national leaders, including Speaker Mike Johnson, Department of Homeland Security Secretary Kristi Noem, and Senator Mark Warner. The event was designed around driving bipartisan dialogue on the most critical issues shaping the country’s future. The following is a transcript of Fred’s remarks at the summit.
It’s a privilege to be here among so many leaders shaping American policy. Thank you to The Hill and NewsNation for convening this timely and important discussion.
I'm Fred Thiel, CEO of MARA, the largest publicly traded miner, and as policymakers meet this week to discuss the future of crypto, I’d like to highlight a critical, and often misunderstood, dimension of the conversation: the role of Bitcoin mining in strengthening America’s energy infrastructure.
Too often, Bitcoin is viewed solely through the lens of financial regulation. But securing the Bitcoin network requires a physical foundation — one rooted in energy. And increasingly, Bitcoin mining is emerging as a strategic energy asset.
Why? Because Bitcoin miners are unlike traditional energy consumers. They are flexible, they are interruptible, and they are location-agnostic. They can ramp up or down in real time, adjusting to grid conditions, and can operate wherever energy is underutilized. That makes them uniquely valuable to the modern grid, especially as we confront rising AI/HPC demand and the need for more resilient, distributed energy infrastructure.
Across the country, miners are already supporting grid stability and improving the economics of new energy development - by serving as anchor tenants in regions where power would otherwise be stranded or too costly to operate.
That’s why we at MARA believe Bitcoin mining should be recognized as a strategic asset within our national energy strategy. It strengthens the grid, spurs domestic investment, and deploys existing energy more efficiently, all while helping future-proof our infrastructure for the demands of an AI-driven world.
This isn’t just about Bitcoin. It’s about American energy leadership. No other country is better positioned to lead the way in responsibly integrating these technologies, and ensuring they serve the public good. But leadership requires clarity. It requires policy frameworks that distinguish between speculative activity and infrastructure that delivers real value to our energy systems, our economy, and our national security.
We’re encouraged to see this conversation happening in Washington. The choices made in the months ahead will shape not just the future of crypto, but the trajectory of U.S. innovation, competitiveness, and energy resilience.
Thank you again to The Hill and NewsNation for the opportunity to be part of this important dialogue.
Thank you.
