Bitcoin Mining Executives Meet with Former US President Donald Trump
On Tuesday evening in Palm Beach, Florida, about a dozen Bitcoin mining executives and experts gathered for an hour and a half with former US President Donald Trump in a small tea room at the Mar-a-Lago Club. During the meeting, which took place while a light rain was falling outside, they drank water from bottles with Trump’s logo and tried to convince him of the advantages of the world’s largest cryptocurrency by market capitalization.
This meeting marked the first time that the former president and Republican Party candidate, who was recently convicted of 34 crimes in New York, met with the technologists who power the $1.3 trillion Bitcoin network.
The intimate gathering brought together a coalition of the largest private and public American miners, including representatives from Riot Platforms, Marathon Digital Holdings, Terawulf, CleanSpark, Core Scientific, Arkon Energy, Cholla Energy, and Exacore.
CNBC spoke with several of the miners who participated in the closed session on Tuesday, including Riot Platforms CEO Jason Les. He told CNBC that one of the key topics of discussion was that the US is number one in many things, and should be number one in Bitcoin, especially as the world’s largest coin reaches new all-time highs this year. Since July 2023, Bitcoin has risen by 160% to around $67,000.
