Marathon Digital now stamps all Bitcoins mined in America as "Made in the USA"

Marathon Digital Holdings, a major US Bitcoin mining company, has announced that all Bitcoin blocks mined in America will now be stamped with 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 that it now stamps each #Bitcoin lock it to me with “Made in USA” 🇺🇸 pic.twitter.com/4ZbvChxdVY

— Bitcoin Magazine (@BitcoinMagazine) August 12, 2024

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

This initiative coincides with comments made earlier this summer by presidential candidate Donald Trump, who expressed his desire for “all remaining Bitcoin to be MADE IN THE USA!!!” as Trump believes that more Bitcoin mining done in the country will contribute to America’s goal of becoming energy dominant. He also reiterated his support for domestic Bitcoin mining at the 2024 Bitcoin Conference in Nashville, pledging to make sure American miners get the electricity they need to mine more Bitcoin here in the US.

Marathon Digital today announced a $250 million private offering of convertible notes, with the proceeds to be used to purchase more Bitcoins, following MicroStrategy’s corporate Bitcoin accumulation strategy.