The Political Party $BTC is a new political party officially announced by Elon Musk on July 5, 2025. This came after a vote on platform X (formerly known as Twitter) which showed support of about 65.4% from over a million participants for the idea of establishing a new party. The party aims to provide an alternative to the traditional two-party system (the Republican and Democratic parties) and focuses on representing "80%" of Americans in the middle.