US lawmaker pushing bill to limit Chinese takeovers of Bitcoin miners

U.S. Republican Congressman Zach Nunn is pushing for legislation to restrict Chinese investors from acquiring American Bitcoin mining companies, he announced at the 2026 Bitcoin Conference. Nunn stated that Chinese investors have recently been active in pursuing such takeovers. He warned that if Chinese capital were to secure a majority stake in these firms, it could weaken the strategic position of the United States in the digital asset sector.