Mullen Auto Accepts BTC and TRUMP Meme Coin for EVs
Mullen Automotive has started accepting Bitcoin and the TRUMP meme coin as payment for its commercial electric vehicles. This payment option covers Mullen and Bollinger models, including the Mullen ONE cargo van, Mullen THREE chassis truck, and Bollinger B4 cab chassis. Production at Mullen Automotive’s Tunica facility began in August 2023, and vehicles are now available through seven U.S. dealerships and over 50 Bollinger outlets. CEO David Michery said cryptocurrency payments will expand accessibility for individual and commercial buyers. Mullen plans to add more popular meme coins and stablecoins soon. All vehicles meet U.S. Federal Motor Vehicle Safety Standards, EPA and CARB certifications.
Bullish
Mullen Automotive’s decision to accept Bitcoin and the TRUMP meme coin signals growing corporate adoption of cryptocurrency payments. In the short term, this could boost demand for BTC as buyers convert digital assets into high-value purchases. Over the long term, adding crypto payment options and planning support for more meme coins and stablecoins may strengthen market confidence and drive further mainstream use cases. While direct trading volume impact may be modest, the move enhances overall market sentiment and underscores institutional openness to digital assets.