Former President Donald Trump raised $25 million at the Nashville Bitcoin Conference, showcasing strong support from the crypto community.
The event featured celebrities like the Winklevoss twins, Jake Paul, and Kid Rock, highlighting the intersection of entertainment and cryptocurrency.
Trump pledged to create a strategic national Bitcoin reserve and criticized current regulations, aiming to position the U.S. as a leader in the crypto space.
Former President Donald Trump successfully raised $25 million at the Nashville Bitcoin Conference. The event drew a wide range of high-profile attendees, reflecting the crypto community’s appreciation for politicians who promote digital currencies.
NEW: So that eye-popping number turned out to be $25M. @BitcoinMagazine CEO @DavidFBailey confirmed that @realDonaldTrump raised $25M at @TheBitcoinConf fundraiser in Nashville.Some of the attendees included @tyler, @cameron, @KidRock, @jakepaul and @billyraycyrus. https://t.co/bEGHFQ5x5F
— Eleanor Terrett (@EleanorTerrett) July 30, 2024
The coming together of entertainment and the digital currencies was highlighted by the presence of celebrities including the Winklevoss twins, boxer Jake Paul, singer Kid Rock, and songwriter Billy Cyrus.
Trump’s fundraising efforts have generated varied reactions. While many applauded the large amount raised, some critics compared the event to a meme coin pre-sales. However, Trump’s campaign cleverly exploited this opportunity to reinforce his pro-crypto stance.
Trump gained media attention when he declared he would fire U.S. Securities and Exchange Commission Chair Gary Gensler. His speech resonated with the audience, expressing their dissatisfaction with what they see as rigid laws on digital currencies.
The admission cost for a private roundtable with Trump was $844,600, setting a new standard. This huge amount which is equivalent to about 13.20 Bitcoin, demonstrates the financial dedication of the crypto community. The overall earnings from the event were further increased by offering visitors the chance to pay either $60,000 for a photo with Trump.
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