Trump Raises $21M at Bitcoin 2024 Conference, With a $844,600 Per Person Meeting

Former President Donald J. Trump made history on Saturday by becoming the first major candidate to speak at a cryptocurrency conference. The Bitcoin 2024 event, hosted at Nashville Music City Center, resulted in a substantial fundraising success for Trump, amassing $21 million. This fundraiser stands as Trump’s second-largest ever. Additionally, data show that a roundtable meeting with Trump costs $844,600 per person, and a photo with him costs at least $60,000.

Following Trump’s anticipated speech, the Bitcoin Conference fundraiser drew 100 attendees. Senator Bill Hagerty, R-Tenn., was instrumental in organizing the event. David Bailey noted that contributions stemmed from prominent industry figures and significant cryptocurrency investors.

In recent months, Trump has actively reached out to the cryptocurrency community. His promises to overhaul the U.S. regulatory framework have resonated with many industry leaders. This event further cemented his rapport with cryptocurrency supporters, highlighting his dedication to their issues and interests.

Since May, Trump’s campaign has reportedly received $4 million in cryptocurrency donations. Over $2.15 million of these contributions came from just 19 donors. During the event, Trump claimed to have raised $25 million in crypto, bolstered by the Nashville fundraiser. Financial disclosures from 2022 indicated that Trump personally held between $100,000 and $250,000 in cryptocurrency.

The Bitcoin 2024 event showcased the increasing intersection of politics and the cryptocurrency industry. Trump’s proactive engagement with the crypto community signifies a pivotal shift in the political landscape concerning digital assets. As the 2024 campaign advances, his alignment with cryptocurrency advocates could be crucial in shaping his campaign’s success.

The event highlighted Trump’s ability to attract significant financial backing from the cryptocurrency sector. His commitment to regulatory reform and active involvement with crypto enthusiasts may influence the broader political discourse surrounding digital assets.