Michael Saylor, CEO of MicroStrategy, and key executives from MARA Holdings, a leading Bitcoin mining company, have been in contact with representatives of President-elect Donald Trump’s new administration.
The meeting, held at a reception hosted by Vice President JD Vance, signals possible moves in Bitcoin policy under the new administration. While the details of the discussions remain private, industry observers speculate that the talks could be about promoting Bitcoin mining in the US.
On January 19, Marathon Digital vice president Robert Samuels confirmed the meeting but withheld details, sparking curiosity about its implications for Bitcoin’s future in the country.
He stated:
“Our team, working with Saylor, met with the entire new Cabinet of the Trump Administration. We are excited about the future of mining in the US.”
MicroStrategy and MARA have significant Bitcoin reserves and are influential figures within the industry. The company currently owns 450,000 BTC, while MARA holds 44,893 BTC, positioning both companies as key stakeholders in corporate Bitcoin adoption.
Trump’s Bitcoin Vision
The meeting provides renewed insight into President Donald Trump’s pro-crypto administration.
Over the past year, Trump’s support for Bitcoin has become increasingly clear. During his campaign, he proposed the creation of a national Bitcoin reserve to strengthen the country’s strategic position in crypto.
He has also consistently emphasized that expanding the country’s Bitcoin holdings could bring economic and technological benefits.
Additionally, Trump’s team has met with leading US Bitcoin mining companies including Marathon Digital, Riot Platforms and Core Scientific. These discussions focused on encouraging domestic mining activities to increase employment and energy security.
Trump later advocated for the US to take the lead in mining the remaining Bitcoin supply, citing its potential to boost economic resilience and limit the risks of central bank digital currencies (CBDCs).
As the Trump administration prepares to take office, speculation is mounting about possible executive actions to realize these Bitcoin-focused ambitions. If realized, these initiatives could redefine the US’s position in the global crypto landscape.
