Marathon Digital Holdings, a leading US-based bitcoin mining company, has announced that all bitcoin blocks mined in the United States will now be sealed with the label “Made in USA”. The company x.com/MarathonDH/status/1823038263961031075″>declared
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BREAKING NEWS: Marathon announces that it will now stamp every twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin Block the mines with "Made in USA" image.twitter.com/4ZbvChxdVY
— bitcoin Magazine (@BitcoinMagazine) twitter.com/BitcoinMagazine/status/1823046712606290368?ref_src=twsrc%5Etfw”>August 12, 2024
Fred Thiel, CEO of Marathon Digital, emphasized this commitment, x.com/fgthiel/status/1823039731044647372″>declaring“Every block mined by MARA Pool in the US bears the proud 'Made in USA' seal. We are the only large-scale miner that can do this because we run our own pool and ensure that every block mined by MARA Pool is made in the USA.”
This initiative coincides with comments made earlier this summer by presidential candidate Donald Trump, who x.com/BitcoinMagazine/status/1800747365219053584″>voiced Trump wants “every remaining bitcoin to be made in America,” as he believes that increased bitcoin mining in the country will contribute to the US’s goal of becoming an energy-dominant country. He also reiterated his support for domestic bitcoin mining at the bitcoin 2024 Conference in Nashville, and pledged to ensure that American miners receive the electricity needed to mine more bitcoin here in the United States.
Earlier today, Marathon Digital announced a private offering of $250 million in convertible bonds, the proceeds of which will go toward purchasing more bitcoin, following the corporate bitcoin accumulation strategy pioneered by MicroStrategy.
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