Citing BitJie, the U.S. Mint in Philadelphia produced the final 1-cent coin, marking the end of a 232-year production and circulation history. The decision to halt penny production was initially ordered by former President Donald Trump, with a planned end in 2026, but the Treasury reportedly ran out of coin dies between June and September 2025. While the penny will no longer be minted, it will remain legal tender, with over 250 billion still in circulation. Alexander Leishman, CEO of Bitcoin financial services firm River, noted that inflation has eroded the penny’s value, while boosting the value of Bitcoin’s smallest unit, the satoshi. Saifedean Ammous, a Bitcoin advocate, explained that Bitcoin’s capped supply of 21 million could counter inflation, unlike fiat currencies. Bitcoin hit a record high of over $126,000 in October, while the dollar has lost 10% of its value this year, according to The Kobeissi Letter.
U.S. Ends 232-Year Penny Production, Sparks Bitcoin Value Discussion
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