Elon Musk recently announced the formation of the "American Party," which will support Bitcoin.

Elon Musk recently announced the formation of the "America Party," stating that the party will support Bitcoin, claiming that "fiat currency is hopeless." The new party aims to challenge the current two-party system in the United States, planning to play a decisive role in key bills by focusing on a small number of congressional seats. The party has not yet formally registered with the Federal Election Commission, and a specific roadmap has not been announced (TheBlock).