Trump Bitcoin Conference Fundraiser: Top Tickets Reach $844,600
Trump's promise to mint future Bitcoin in the U.S. if re-elected is seen as a boon for the crypto industry.
Former President Donald Trump is hosting a high-profile campaign fundraiser in Nashville, with top tickets priced at a staggering $844,600 per person. This exclusive event, scheduled for July 27, coincides with the Bitcoin 2024 conference, the largest annual gathering of cryptocurrency enthusiasts in the U.S., according to news reports by CNBC.
The fundraiser, which includes a roundtable seat with Trump at the maximum allowable donation amount for individuals, reflects his significant shift from being a crypto skeptic to an advocate. A photo opportunity with Trump costs $60,000 per person or $100,000 per couple.
Trump’s campaign, marked by recent endorsements and policy positions favoring cryptocurrency, has embraced digital currency, including accepting crypto donations. He has also committed to defending the self-custody of coins and vowed to prevent regulatory interference from figures like Senator Elizabeth Warren.
This pivot to pro-crypto rhetoric follows Trump’s April NFT collection launch on the Solana blockchain and a meeting with Bitcoin mining executives who pledged both financial support and votes. Trump's promise to mint future Bitcoin in the U.S. if re-elected is seen as a boon for the crypto industry.
In contrast to Trump's stance, the Biden administration has taken a more critical approach to crypto regulation, with the SEC intensifying its enforcement actions against the sector. This has prompted support from the crypto community for Trump, including major donations from venture capitalists and firms like Andreessen Horowitz, Coinbase, and Ripple.
The Trump campaign's recent fundraising events, such as one in San Francisco where tickets reached $300,000 and raised over $12 million, underscore the strong financial backing from the crypto industry.
