Donald Trump Wants 'All The Remaining Bitcoin To Be Made In The USA'
Portfolio Pulse from Murtuza Merchant
Former President Donald Trump has called for all remaining Bitcoin to be mined in the United States, emphasizing it as a strategic move for energy dominance. Trump held discussions with executives from CleanSpark Inc. (NASDAQ:CLSK) and Riot Platforms (NASDAQ:RIOT) to promote U.S.-based Bitcoin mining.
June 12, 2024 | 12:30 pm
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POSITIVE IMPACT
CleanSpark Inc. (NASDAQ:CLSK) was mentioned in discussions with Donald Trump about shifting Bitcoin mining to the U.S. This could lead to increased business opportunities and potential regulatory support.
Trump's endorsement of U.S.-based Bitcoin mining could lead to increased demand for CleanSpark's services and potential regulatory support, positively impacting the company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Riot Platforms (NASDAQ:RIOT) was involved in discussions with Donald Trump about promoting U.S.-based Bitcoin mining. This could result in increased business opportunities and potential regulatory support.
Trump's push for U.S.-based Bitcoin mining could lead to increased demand for Riot Platforms' services and potential regulatory support, positively impacting the company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80