Fred Thiel, chief executive of Marathon Digital, said representatives of the Trump and Robert Kennedy campaigns "started engaging with the industry early on" to build rapport, but Mr. Harris was not explicit. Harris leads Trump in a number of battleground states and is 10 points ahead nationally. Thiel or concedes that there is a chance that the Democratic nominee will have the upper hand in the 2024 race. "Team Harris has done nothing to indicate, at least in my opinion, that they will be Bitcoin-friendly, which just tells me that maybe we should really speed up moving our operations overseas," Thiel said. "All of the strategic planning I have now for 2025 looks at regions outside of the United States."