Is Trump Planning Bitcoin Mining? Rumors Fly

bitcoinistPublished on 2025-03-18Last updated on 2025-03-18

Abstract

In a series of intriguing social media posts and statements over the last week, rumors have been swirling that the...

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In a series of intriguing social media posts and statements over the last week, rumors have been swirling that the US Department of Defense (DoD) may be on the verge of officially entering the Bitcoin mining space. The speculation stems from an X post by Michelle Weekley, Director of Product at Byte Federal, a well-known operator in the Bitcoin ATM sector.

Why The US Could Start Mining Bitcoin

Weekley wrote: “I think the DoD is going to start mining Bitcoin.” She attached four screenshots of posts on X as supporting evidence, each featuring a different prominent figure in the BTC community. While no formal confirmation has been issued by any government entity, these screenshots have sparked considerable chatter among industry watchers, particularly given the growing alignment between the current administration and some key players.

In the first post, Michael Saylor wrote, “₿ig things are coming.” The March 11, 2025 statement was viewed by 4.8 million users. Saylor, Executive Chairman and Co-Founder of MicroStrategy, is known for his company’s massive Bitcoin holdings—nearly 500,000 BTC—and also attended the first-ever White House Crypto Summit 10 days ago, making his cryptic post a subject of immediate speculation.

The second screenshot from Matthew Pines simply said, “The room where it happened,” posted on March 14, 2025, with 67,000 views. Pines is the Executive Director of the Bitcoin Policy Institute (BPI), a Washington, DC-based think tank that last week hosted the “Bitcoin For America” summit. There, Senator Cynthia Lummis reintroduced the BITCOIN Act, which calls for the United States to acquire 1 million BTC.

The third set of tweets came from David Bailey, who stated, “When you think the show is over but it’s really just beginning. Going to be a big month,” followed shortly by “Embrace the Game Theory,” referencing Saylor’s declaration that “₿ig things are coming.” Bailey is CEO of BTC Inc., parent company of Bitcoin Magazine and The Bitcoin Conference, and is among the key figures who turned Donald Trump pro-BTC in his election campaign. The reference to “Game Theory” and the promise of a “big month” have led industry insiders to speculate about potential announcements on the horizon.

The fourth post is from Jason Lowery, who said, “Give it about 3 weeks and it should become more obvious,” quoting another tweet that asked about a change in profile picture. Lowery, a US Space Force officer and author of “Softwar,” is known for arguing that Bitcoin’s proof-of-work mechanism could be interpreted as a form of strategic national defense.

Notably, Lowery liked Weekley’s post on X. In response, she wrote “Just saying…” and shared a screenshot highlighting that Lowery had engaged with her post.

These developments arrive on the heels of President Donald Trump’s recent Executive Order establishing a Strategic Bitcoin Reserve for the United States, which includes the directive that, “The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional Bitcoin, provided that those strategies impose no incremental costs on American taxpayers.”

While the order does not explicitly mention mining, it seems like a possibility that mining could be one way to acquire additional BTC in a “budget neutral” way.

However, it is important to note that to date, no formal statement has confirmed any DoD involvement, and there is no official budget or legislative proposal explaining how such a program might be funded or organized.

At press time, BTC traded at $82,467.

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Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

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