Official legislative records, media reports

Trump Pledges Support for Bitcoin Mining at Mar-a-Lago, Meets with Industry Leaders

Jun 12, 2024, 09:47 AM

Former President Donald Trump has made a significant overture to the cryptocurrency community, pledging strong support for Bitcoin mining if re-elected. Trump met with top Bitcoin miners and executives, including leaders from CleanSpark and DigitalPowerUS, at Mar-a-Lago in Palm Beach, FL, to discuss the future of Bitcoin mining in the United States. During the meeting, Trump expressed his admiration for Bitcoin, stating that he 'loves' what the industry is building and emphasized the importance of making all remaining Bitcoin 'Made in the USA.' He also highlighted Bitcoin mining as a defense against a central bank digital currency (CBDC) and foreign adversaries. Trump's advocacy for Bitcoin includes plans to position America as a global leader in Bitcoin mining, enhance domestic energy security, and create job opportunities. Jason Les, CEO of Riot Platforms, was among the attendees who discussed energy abundance and the potential for Bitcoin mining to contribute to the U.S. economy. This move has been seen as an effort to court the crypto industry ahead of the 2024 election.