Trump: Bitcoin Mining is the "Last Line of Defense" Against CBDC

Former U.S. President Trump posted on Truth Social, stating that Bitcoin mining is the "last line of defense" against Central Bank Digital Currency (CBDC), and emphasized that Bitcoin should be mined in the United States. After this statement was made, Bitcoin mining stocks generally rose on Wednesday. TeraWulf's stock once surged nearly 20% to $4.13, then fell back to $3.96, about 14% higher than the previous day's closing price. MicroStrategy and Hive Digital Technologies' stocks respectively increased by approximately 7% and 8%, while Iris Energy rose by about 3%.