MicroStrategy CEO Michael Saylor and key executives from MARA Holdings, a prominent Bitcoin mining firm, have engaged with representatives of President-elect Donald Trump’s incoming administration.
This meeting took place during an event hosted by Vice-President JD Vance and signals a possible shift in Bitcoin policies under the new Administration. Although the details of the discussion remain confidential, observers in the industry speculate that the talk may be about advancing Bitcoin mining within the US.
On Jan. 19, Marathon Digital’s Vice President Robert Samuels confirmed the meeting but withheld specifics, fueling curiosity about its implications for the future of Bitcoin in the country.
“He said:
“Our team in partnership with Saylor met with the entire incoming cabinet of the Trump Administration. We are excited about the future of mining in the US.”
MicroStrategy, MARA and other industry leaders are known for their significant Bitcoin holdings. The firm currently holds 450,000 BTC, while MARA holds 44,893 BTC, positioning both companies as major stakeholders in Bitcoin’s corporate adoption.
Trump’s Bitcoin vision
The meeting provides another insight into President Donald Trump’s pro-crypto administration.
Over the past year, Trump’s support for Bitcoin has become increasingly evident. During his campaign, he proposed the establishment of a national Bitcoin reserve to strengthen the country’s strategic position in crypto.
He has also consistently emphasized that expanding the nation’s Bitcoin holdings could provide economic and technological advantages.
Additionally, Trump’s team has met with leading US-based Bitcoin mining companies, including Marathon Digital, Riot Platforms, and Core Scientific. The discussions focused on increasing domestic mining operations in order to increase job creation and improve energy security.
Trump later called for the US government to lead the mining of Bitcoin’s remaining supply. Trump cited the potential that it has to enhance economic resilience, and to mitigate the risks from Central Bank Digital Currency (CBDCs).
As Trump’s administration is about to enter office, speculation grows on possible executive actions that could be taken to realize these Bitcoin-focused objectives. These initiatives, if realized, could change the US’s position on the global crypto scene.
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