Michael Saylor, CEO of MicroStrategy, and key executives from Marathon Digital, 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. It signals a possible shift in Bitcoin policies under the new Administration.
Industry observers believe that while the specifics of the discussion remain confidential, the focus may be on advancing Bitcoin in the United States.
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.
The statement was made by:
“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 & Marathon Digital are two influential players in the Bitcoin industry who hold large Bitcoin reserves.
Data from Bitcoin Treasuries reveals that MicroStrategy owns 450,000 BTC, while Marathon Digital holds 44,893 BTC, positioning both companies as major stakeholders in Bitcoin’s corporate adoption.
Trump’s Bitcoin vision
This 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.
Moreover, 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 Bitcoin mining to create jobs and ensure energy security.
Trump later urged the US to lead the mining of Bitcoin’s remaining supply. Citing its ability to strengthen economic resilience, and to mitigate the risks of central bank digital currencies.
As the Trump Administration prepares for its inauguration, speculation grows about potential executive actions that could be taken to achieve these Bitcoin-focused goals. These initiatives, if realized, could redefine US’s position on the crypto-world.
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