Pat the beef dry with paper towels and season evenly with sea salt and black pepper.
Heat the olive oil in a heavy-bottomed pot or Dutch oven over medium-high heat and sear the beef until deeply browned on all sides.
Remove the beef from the pot and set aside, then add the diced onion, carrots, and celery to the remaining fat.
Sauté the vegetables for 5 minutes until softened, then stir in the minced garlic and tomato paste for 1 minute until fragrant.
Pour in the red wine to deglaze the pan, using a wooden spoon to scrape up all the flavorful browned bits from the bottom.
Return the beef to the pot along with any accumulated juices, then add the beef bone broth and dried thyme.
Bring the liquid to a gentle simmer, then reduce the heat to low, cover tightly, and cook for 90 minutes until the beef is fork-tender.