Former US President Donald Trump has signaled strong support for the domestic Bitcoin mining industry following a high-profile meeting with top executives at his Mar-a-Lago residence. In a statement on his Truth Social platform, Trump declared his desire for all remaining Bitcoin to be “MADE IN THE USA,” framing it as a strategic move to bolster the nation’s energy dominance.
The meeting was attended by key figures from the publicly traded mining sector, including Riot Platforms CEO Jason Les and CleanSpark Executive Chairman Matthew Schultz, among others. The discussion reportedly centered on how Bitcoin mining can help stabilize the energy grid and foster job creation. Following the summit, Trump praised the miners, stating they are working to “harden the grid” and create new opportunities.
This move is seen by many as a significant political endorsement for an industry that has faced scrutiny from some lawmakers over its environmental impact and energy consumption. Trump positioned Bitcoin as “our last line of defense against a Central Bank Digital Currency (CBDC),” tapping into a common sentiment among cryptocurrency advocates who fear the potential for financial surveillance and control associated with government-managed digital currencies.
For the crypto mining hardware market, this development is a substantial confidence booster. A more favorable political and regulatory landscape in the United States could de-risk large-scale investments and accelerate the expansion of mining operations. As miners look to scale and upgrade their fleets to compete for the remaining Bitcoin supply, demand for the latest, most efficient ASIC miners is expected to rise. This potential for a stable, pro-growth environment in one of the world’s largest mining hubs is a welcome sign for hardware suppliers and investors alike, suggesting a bullish future for American-based mining infrastructure.
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