Bitcoin Magazine CEO David Bailey plans to raise $15 million for former U.S. President Donald Trump's reelection campaign later this month, Golden Finance reported. The fundraiser may be held at or immediately after the Bitcoin Conference in Nashville. The fundraiser and Bitcoin conference will be held against the backdrop of increased political tension and violent rhetoric in the United States. Trump called cryptocurrency "not money" and "based on fantasy" during his tenure from 2017 to 2021, but changed his strategy after announcing his re-election campaign in 2022, saying his campaign would accept cryptocurrencies and planned to mine all remaining Bitcoins in the United States.