Marathon Digital Stamps All Bitcoin Mined in America as “Made in USA”

Jimmy Aki
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The world’s largest Bitcoin mining firm, Marathon Digital (MARA), has taken a step forward in creating “Made in USA” Bitcoins, which is coming after former President Donald Trump’s proposition to make the remaining Bitcoin “Made in the USA.” at a meeting in June.

Bitcoin Production and Future Plans

The crypto miner shared in an X post that it now stamps all Bitcoin blocks mined by the company with the “Made in USA” label.

Marathon’s boss Fred Thiel reposted the X post, saying all blocks mined are stamped with the distinct label, proudly explaining that,

“The only large scale miner who can do this because we run our own pool and ensure that all the blocks mined by MARA Pool are made in USA.”

As Marathon Digital continues to expand its operations, the decision to label Bitcoin as “Made in USA” is expected to resonate with domestic and international investors who value the transparency and security of American-made digital assets.

This initiative coincides with earlier comments by Presidential candidate Donald Trump, who expressed a desire for “all the remaining Bitcoin to be MADE IN THE USA” after meeting with Bitcoin mining executives in June.

He stated that Bitcoin mining would help the country become energy-dominant and could be our “last line of defense against a CBDC.” This declaration came after Trump urged the U.S. to strive for crypto industry supremacy.

While Trump’s comments underscore the importance of Bitcoin, Federal Reserve Chair Jerome Powell has minimized the likelihood of a CBDC soon.

Marathon Doubles Down on Bitcoin

This latest development is one of the series of moves Marathon Digital has taken in recent times as it continues to ramp up its Bitcoin investments.

On August 6, Marathon Digital reported a notable increase in Bitcoin mining production, contributing to its ongoing expansion and operational growth.

The company recently acquired $100 million in Bitcoin as a treasury reserve and announced a $250 million offering of senior convertible notes to fund further purchases. These moves, as shown in several reports and combined with the “Made in USA” stamp, reflect Marathon’s commitment to leading the Bitcoin mining sector while aligning with the broader national discourse on cryptocurrency.

As regulatory discussions around cryptocurrency intensify ahead of the 2024 U.S. presidential election, Marathon Digital’s strategic actions may significantly impact the future of Bitcoin mining in America, influencing both the regulatory landscape and public perception of American-made digital assets.

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.