On August 5, Steveson competed at the first date of the men's freestyle 125 kg event, where he outscored his three high-level opponents with a combined perfect score of 23–0 to secure himself a medal and advance to the finals, demolishing '15 Asian Champion Aiaal Lazarev from Kyrgyzstan, defending Olympic champion and multiple-time World Champion Taha Akgül from Turkey and '19 U23 World medalist Mönkhtöriin Lkhagvagerel from Mongolia. After stunning the field on his way to the finale, he faced three-time and reigning World Champion Geno Petriashvili from Georgia. Onto the second period, Steveson was up 4–0 with two takedowns, though the Georgian scored two points of his own to Steveson's one to make it 5–2, before truly turning the tables and scoring a takedown and two gut-wrenches for six points (5–8) with a minute and a half left. With ten seconds left, Steveson scored a takedown to make it 7–8, and still trailing behind by a point, he rallied and got another takedown with half a second left to top the World Champion with a 9–8 score. After a failed challenge by Petriashvili's corner, Steveson earned the 2020 Summer Olympic Games gold medal with a hard-fought 10–8 score over the Georgian. With this new championship, Steveson became the first American super-heavyweight to win freestyle Olympic gold since Bruce Baumgartner in 1992.