Bitcoin

President Donald Trump

Donald Trump

Elon Musk

<ul>
 <li>Former President Donald Trump expressed strong support for bitcoin mining during a meeting at Mar-a-Lago.</li>
 <li>Trump met executives from major Bitcoin mining companies such as CleanSpark Inc. and Riot Platforms.</li>
 <li>President Joe Biden’s campaign is also engaging with the cryptocurrency community.</li>
</ul>
<p>Former U.S. President <a href="https://cryptonewsland.com/donald-trump-voices-support-for-bitcoin-mining-industry/" target="_blank" rel="noopener noreferrer nofollow">Donald Trump</a> recently voiced support for bitcoin mining during a meeting at Mar-a-Lago, highlighting his newfound crypto-friendly stance ahead of the November election. Donald Trump met representatives from prominent Bitcoin mining companies like CleanSpark Inc. and<a href="https://cryptonewsland.com/riot-platforms-reported-impressive-revenue-growth-in-2022/" target="_blank" rel="noopener noreferrer nofollow"> Riot Platforms</a> at his Palm Seashore resort. According to Bloomberg, Trump pledged to champion bitcoin mining initiatives, emphasizing the positive impact of mining on energy grid stability.</p>
<p>S. Matthew Schultz, co-founder of CleanSpark, shared his enthusiasm on X (formerly Twitter), noting Trump’s appreciation for the company’s operations in Georgia, Mississippi, and Wyoming. “I just ran into a guy that’s a huge fan of bitcoin and loves what we’re doing,” Schultz wrote, reflecting the positive reception from Trump.</p>
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   <p lang="en" dir="ltr">So. I just ran into a guy that’s a huge fan of <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#bitcoin</a> and LOVES what we’re doing at <a href="https://twitter.com/CleanSpark_Inc?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CleanSpark_Inc</a> in <a href="https://twitter.com/hashtag/georgia?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#georgia</a> and <a href="https://twitter.com/hashtag/mississippi?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#mississippi</a> and <a href="https://twitter.com/hashtag/wyoming?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#wyoming</a>. <a href="https://t.co/ofSXJGWWfn" rel="noopener noreferrer nofollow">pic.twitter.com/ofSXJGWWfn</a></p>— S Matthew Schultz (@smatthewschultz) <a href="https://twitter.com/smatthewschultz/status/1800673786045530288?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 11, 2024</a>
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<p>In his push for the presidency, Trump has increasingly embraced cryptocurrencies. Recently, he hosted a $12 million fundraiser in Silicon Valley, drawing support from industry leaders like <a href="https://cryptonewsland.com/gemini-has-less-than-100m-worth-of-stablecoins-left/" target="_blank" rel="noopener noreferrer nofollow">Gemini’s Cameron</a> and Tyler Winklevoss. Further showcasing his commitment, Trump announced last month that his campaign would accept donations in cryptocurrencies, signaling a major shift in his approach to financial technology and regulation.</p>
<p>Meanwhile, <a href="https://www.bloomberg.com/news/articles/2024-06-12/trump-meets-bitcoin-btc-miners-in-his-latest-pro-crypto-overture?srnd=homepage-americas" target="_blank" rel="noopener noreferrer nofollow">Bloomberg reports </a>that President Joe Biden’s campaign is also tuning into the crypto conversation, seeking advice from industry experts on digital asset policies. This marks a noticeable pivot from the administration’s previously cautious stance on cryptocurrencies.</p>
<p>Trump’s pro-crypto rhetoric contrasts sharply with criticisms from Democrats like<a href="https://cryptonewsland.com/elizabeth-warren-criticizes-the-sec-as-bitcoin-etfs-make-history/" target="_blank" rel="noopener noreferrer nofollow"> Elizabeth Warren</a>, positioning him as a proponent of deregulation and innovation in financial technology. His campaign has not responded to further inquiries regarding his comments at the meeting.</p>
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<p>The post <a href="https://cryptonewsland.com/aspiring-us-president-advocates-for-bitcoin-mining-at-mar-a-lago/" rel="noopener noreferrer nofollow">Aspiring US President Advocates for Bitcoin Mining at Mar-a-Lago</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Aspiring US President Advocates for Bitcoin Mining at Mar-a-Lago

Crypto News Land

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