Marathon digital stamps ‘Made in USA’ on mining Bitcoin blocks
United States-based Bitcoin mining company Marathon Digital Holdings has announced that it will stamp the label “Made in USA” on BTC blocks mined in the United States.
“MARA is Team USA, as stated in every American-made bitcoin miner,” Marathon wrote in a post on X.
Marathon Digital CEO Fred Thiel emphasized the company's commitment to stamping blocks made in the US. According to Thiel, each block buried at their Mara Poole in the United States is stamped “Made in USA.”
TL Marathon believes it is the only large-scale mining operator that can print bitcoins with its label. “We are the only major miner that can do this because we operate our own pool and ensure that all the blocks mined at Mara Pool are made in the USA,” he added.
The marathon digital stunt follows Trump's comments on Bitcoin.
Marathon Digital is following the recent campaign of presidential candidate and former President Donald Trump on its social media platform, Truth Social. In the post, Trump said he wants all remaining bitcoins to be “made in the USA.”
The former US president said that BTC could be the country's “last line of defense” along with the central bank's digital currency. While Trump's comments warned of the need to combat looming CBDC and BTC, Federal Reserve Chairman Jerome Powell said in March that the country is “nowhere near” any form of CBDC.
At the Bitcoin 2024 conference in Nashville, Tennessee, Thiel said that Bitcoin mining could “bloom” under the Trump administration. The executive said during the panel discussion that Republicans have “seized the day” on the topic and the public does not know what the Democrats are planning for their energy policy.
Related: Marathon Digital Fined $138M for Non-Circumvention Agreement Violation
Marton Digital Bitcoin Purchase Price
Marathon Digital is also going “full hodal” on BTC in addition to tokenizing BTC. On July 25, the company received 100 million BTC as treasury assets. The mining company said it would be “HODL”, a spelling of “hod” which is an acronym for “Hold on for dear life”.
In the year On August 12, the company announced a $250 million offering of senior convertible notes to institutional buyers. The company said it will use the money raised to buy more bitcoins.
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