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Michael Saylor, CEO of Microstrategy, and senior executives from Marathon Digital, a leading bitcoin mining company, met with representatives of the incoming administration of Donald Trump.

The meeting, which took place on the sidelines of an event hosted by Vice President J.D. Vance, is a sign of potential moves in bitcoin-related policies under the new administration.

While details of the talks were not disclosed, cryptocurrency activists speculate that the discussions centered on expanding bitcoin mining in the United States.

Robert Samuels, vice president of Marathon Digital, confirmed the meeting but declined to provide further details. It is worth noting that during his election campaign, Trump supported the creation of a national bitcoin reserve to strengthen America’s strategic position in the cryptocurrency space. The meeting could represent the first steps toward realizing that vision.