According to ChainCatcher, Fred Thiel, CEO of Marathon Digital, said that representatives of the Trump and Robert Kennedy campaigns "began contacting the industry very early" to build a rapport, but Harris did not make a clear statement.

Harris leads Trump in many battleground states and leads by 10 percentage points nationwide. Thiel may admit that the Democratic candidate has the potential to gain an advantage in the 2024 campaign. Thiel said: "At least in my opinion, the Harris team has not done anything to indicate that they will be friendly to Bitcoin, which just tells me that maybe we should really speed up the transfer of business overseas. All my strategic planning for 2025 now focuses on areas outside the United States."