Based on reports of a tweet from financial market reporter Walter Bloomberg, Trump said, “We are leading China in crypto.”
TRUMP: WE’RE LEADING CHINA IN CRYPTO
According to a statement attributed to US Commerce insiders, the administration has rolled out an “Investment Accelerator” for Bitcoin miners. It would back off‑grid power plants fueled by waste gas.
Those plants could be built next to mining sites, cutting out reliance on local utilities. The idea promises cleaner energy use and lower electricity costs for data centers crunching numbers to secure the Bitcoin network.
US law‑enforcement agencies hold roughly 198,000 BTC earned from civil and criminal cases. China’s on‑chain wallets still contain about 194,000 BTC despite the country’s strict ban on mining and trading. Those seized coins don’t fund policy, but they do underscore how much digital gold has passed through US courts.
Observers say Trump’s comments come just as crypto firms look for stable ground. The tariff rollback offers relief for importers. Clearer crypto rules could bring fresh investment.
Whether America truly “wins” the race depends on if regulators can balance investor protections with room to innovate. For now, the White House is betting that friendly policies and big‑scale mining projects will keep the country in the lead.
Featured image from Pacific Forum, chart from TradingView
