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Elizabeth Warren Questions Commerce Department on Bitmain Risks and Eric Trump Mining Tie
On March 30, 2026, the Senate Banking Committee said Sen. Elizabeth Warren sent a March 26 letter to Commerce Secretary Howard Lutnick seeking clarity on oversight of Bitmain and its reported ties to Eric Trump's mining firm, American Bitcoin. The letter cites concerns about foreign influence, potential remote-access risks involving mining hardware used in the U.S., and a financing arrangement Warren described as unusually generous. Warren asked the department to provide records and answers by April 9, 2026.
BTC
BTC+0.46%
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Strategy SEC Form 8-K Dated March 30, 2026 Reports No Bitcoin Buys or Share Sales
Strategy said in an SEC Form 8-K dated March 30, 2026 that it made no bitcoin purchases and sold no shares during March 23, 2026 to March 29, 2026. The filing also lists holdings of about 762,099 BTC acquired for $57.69 billion at an average of approximately $75,694 per bitcoin, inclusive of fees and expenses. Separately, Michael Saylor shared X posts highlighting STRC’s reported 11.5% dividend yield and about 2% 30-day volatility versus bitcoin at 50%.
BTC
BTC+0.46%
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Senators Cassidy and Lummis propose ‘Mined in America Act’ for BTC mining gear and reserve
US Senators Bill Cassidy and Cynthia Lummis introduced the "Mined in America Act" on Monday to encourage domestic Bitcoin mining hardware manufacturing and formalize President Donald Trump's Strategic Bitcoin Reserve order. The proposal would create an optional certification for mining facilities and pools, requiring certified participants to phase out equipment made by firms linked to "foreign adversaries." The US hosts about 38% of the Bitcoin network hashrate, while 97% of mining hardware is produced by Bitmain and MicroBT.
XLM
XLM-0.30%
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US GOP Senators Introduce "Mined in America Act" to Boost Crypto Mining and Codify Bitcoin Reserve
Republican Sens. Cynthia Lummis and Bill Cassidy unveiled the "Mined in America Act" on Monday to expand digital asset mining's role in the U.S. economy. The proposal would also write into law President Donald Trump's executive order establishing a strategic bitcoin reserve. It further directs the Commerce Department to create a voluntary certification program for mining pools and facilities, including a requirement for certified sites to move away from equipment made by firms tied to foreign adversaries.
BTC
BTC+0.46%
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Cassidy and Lummis Introduce March 30 Bill to Expand US Bitcoin Mining and Treasury Reserve
On March 30, U.S. Senators Bill Cassidy and Cynthia Lummis introduced a bill aimed at expanding bitcoin mining and related digital-asset infrastructure inside the United States. The proposal would create a voluntary “Mined in America” certification, require certified operators to phase out hardware linked to foreign adversaries, and formalize a Strategic Bitcoin Reserve within the Department of the Treasury.
BTC
BTC+0.46%
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