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Marathon Digital is now stamping all Bitcoin mined in America as "Made in the USA"
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Marathon Digital is now stamping all Bitcoin mined in America as "Made in the USA"

Marathon Digital is now stamping all Bitcoin mined in America as "Made in the USA"

Marathon Digital Holdings, a leading American Bitcoin mining company, has announced that all Bitcoin blocks mined in America will now carry the “Made in USA” label. The company stated on X: “MARA is Team USA, proudly stated in every American-made bitcoin block we mine.”

JUST IN: Marathon announces it will now make a mark every year #Bitcoin block the mines with “Made in USA” 🇺🇸 photo.twitter.com/4ZbvChxdVY

— Bitcoin Magazine (@BitcoinMagazine) August 12, 2024

Fred Thiel, CEO of Marathon Digital, emphasized this commitment, saying: “Every block mined by MARA Pool in the US is proudly stamped ‘Made in USA.’ We are the only large-scale miner that can do this because we run our own pool and ensure that all blocks mined by MARA Pool are made in the USA.”

The move coincides with comments made earlier this summer by presidential candidate Donald Trump, who expressed his desire to see “all remaining Bitcoin MADE IN THE U.S.A.!!!” as Trump believes more Bitcoin mining in the country will contribute to America’s goal of energy dominance. He also reiterated his support for domestic Bitcoin mining at the Bitcoin 2024 conference in Nashville, pledging to ensure that American miners get the electricity needed to mine more Bitcoin here in the U.S.

Earlier today, Marathon Digital announced a $250 million private offering of convertible notes. The proceeds are intended to be used to purchase more Bitcoin, following the corporate Bitcoin accumulation strategy pioneered by MicroStrategy.