Former US President Donald Trump has set a high price tag for his crypto community supporters—$844,600 for a seat at a private roundtable during the upcoming Bitcoin Conference 2024 in Nashville.
Bloomberg reports that this fee, equivalent to 13.20 Bitcoin (BTC), is part of a fundraising effort scheduled for July 27.
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The event also offers high-profile donors the chance to photograph with Trump. It is priced at $60,000 per person or $100,000 per couple.
This fundraiser coincides with the Bitcoin Conference 2024, a premier event organized by BTC Media LLC that attracts global Bitcoin enthusiasts and industry leaders. This gathering, held from July 25 to 27 in Nashville, Tennessee, is one of the largest of its kind. The event will host between 100 and 150 donors, offering them an evening of mingling with influential guests, drinks, and hors d’oeuvres, followed by a front-row seat to Trump’s speech on Bitcoin.
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Trump will deliver speeches alongside other notable US politicians, such as presidential candidate Robert F. Kennedy Jr. and former presidential candidate Vivek Ramaswamy. Additionally, other guests include Trump’s vice presidential select—Ohio Senator J.D. Vance—Tennessee Senator Bill Hagerty, and former Hawaii Representative Tulsi Gabbard.
Trump’s participation in this crypto-centric event highlights his renewed stance on digital currencies. In this election cycle, he has consistently expressed his comfort with the crypto industry. Trump has shown his support in various efforts, from accepting donations in cryptocurrencies to envisioning all Bitcoin being mined in the US.
“The presence of both Donald Trump and Robert F. Kennedy Jr at the event underscores the growing recognition of Bitcoin’s potential to drive new global economic growth. In the latest BIT Index, it was notable to see Donald Trump acknowledged globally as the presidential candidate most likely to promote the adoption and benefits of Bitcoin. For Bitcoin to establish itself as a viable alternative to fiat currencies, it will be crucial for the US President (whoever is elected) to engage with international leaders to forge consensus on policy frameworks,” Jonathan Hargreaves, Global Head of Business Development at Elastos, told BeInCrypto.
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Many believe this transformation also influenced Trump’s selection of J.D. Vance as his vice presidential candidate. A well-known Bitcoin advocate, Vance has supported digital assets through legislative efforts, including repealing Staff Accounting Bulletin 121 (SAB 121), which restricts financial institutions from holding digital assets. Furthermore, according to the latest disclosure, he has a personal investment in Bitcoin, which was between $100,001 and $250,000.
Trump’s efforts appear to bear fruit. This is evident in his campaign, which has seen increasing support from the crypto industry. BeInCrypto reported significant contributions, including $2 million in Bitcoin from the Winklevoss twins, founders of the Gemini crypto exchange. Recent reports also indicate that Trump’s campaign has amassed $3 million in crypto donations.
Despite these endorsements, Trump’s support for the crypto industry has met with skepticism. Critics argue that political motivations might drive his recent crypto-friendly stance instead of genuinely endorsing the technology.
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