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MARA security spending reached $4.3 million in 2025, including $430,000 to armor CEO Fred Thiel’s vehicle.
MARA spent $4.3 million on CEO Fred Thiel’s security in 2025, including $430,000 for armoring his vehicle.
KEY POINTS
- There was a 75% increase in physical attacks on crypto holders in 2025, reaching 72 incidents.
- MARA disclosed its Bitcoin holdings at 38,689 BTC, making its executives prominent security targets.
- Coinbase and Gemini are also spending record amounts on executive security, outpacing traditional finance peers.
- Crypto firms face higher personal security costs due to the public traceability of their blockchain assets.
COMPANIES
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