Republican presidential candidate Donald Trump announced on Tuesday his intention to mine all remaining Bitcoin in the United States, a move that could bolster the nation’s energy dominance and enhance national security.
“Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT,” Trump stated in a late-night post on Truth Social.
Trump’s declaration signals a call to action for U.S. companies, urging them to step up and utilize domestic resources for increased Bitcoin mining. According to data, major Bitcoin mining hubs currently include China, Central Asian nations, El Salvador, and several European countries like Germany.
Earlier on Tuesday, Trump, the first U.S. presidential candidate to accept cryptocurrency donations, met with executives from Nasdaq-listed Bitcoin mining firms CleanSpark Inc. and Riot Platforms. During the Mar-a-Lago event, the former President reportedly emphasized that miners play a crucial role in stabilizing the grid’s energy supply.
Bitcoin’s supply is capped at 21 million and projected to be fully mined by 2140. According to Coingecko, 90% of the total supply has already been mined. Trump’s push for U.S.-based Bitcoin mining highlights his broader strategy to bolster American energy and technological independence.
