Fred Thiel

Fred Thiel, the Chairman of the Board of Directors and Chief Executive Officer of MARA (NASDAQ: MARA), brings over 35 years of leadership and innovation in the technology sector. Recognized as an expert and thought leader, he has successfully led companies across diverse sectors including digital assets, AI, semiconductors, IoT, digital media, industrial process control, enterprise software, venture capital, and private equity. As a frequent speaker on these topics, Fred offers valuable insights into the energy and digital transformation. Under his leadership, MARA has grown from a market cap of under $30 million to over $5 billion, becoming the largest in the space, with operations spanning four continents. MARA operates 14 data centers, including several across the United States, as well as locations in the UAE and Paraguay, boasting an energy capacity of 840 MW. The company is fully integrated, enhancing its operational efficiency. Throughout his career, Mr. Thiel has consistently driven rapid growth and created substantial shareholder value. Prior to MARA, Mr. Thiel served as the CEO of two other public companies, Local Corporation (NASDAQ: LOCM) and Lantronix, Inc (NASDAQ: LTRX). He has successfully raised billions in equity and debt through private and public offerings, led companies through IPOs, executed high-value exits to strategic and financial acquirers, and implemented effective M&A and roll-up strategies. Mr. Thiel attended the Stockholm School of Economics and executive classes at Harvard Business School, and is fluent in English, Spanish, Swedish, and French. Mr. Thiel is the Chairman of the Board for Oden Technology, Inc. and is a current member of YPO, and has served as Chairman of the YPO FinTech Network, Chairman of the YPO Technology Network, and chapter chairman of the YPO California Coast chapter. Mr. Thiel has substantial expertise in energy and technology, regularly appearing in media outlets such as Bloomberg TV, CNBC, and FOX Business. His insights and analysis on the future of the industry provides meaningful contributions to industry discussions.