Seat at Trump fundraiser costs $844,600

U.S. presidential candidate Donald Trump announced that he will hold a private fundraising event at the 2024 Bitcoin Conference in Nashville on July 27. Participants will need to pay $844,600 (approximately A total of NT$27 million) is required to obtain a seat at the roundtable. Trump is also expected to give a speech on the main stage during the annual Bitcoin conference hosted by publishing company BTC Media LLC.

According to the invitation, in addition to roundtable seats, participants can choose to pay US$60,000 (approximately NT$1.9 million) for a photo opportunity with Trump, or participate for two for US$100,000 (approximately NT$3.2 million). Take a photo. According to Bloomberg, $844,600 is the maximum joint contribution amount allowed under campaign finance laws.

Source: X Details of Trump’s private fundraising event at Bitcoin Conference 2024

Special guests at the event include Trump’s vice presidential candidate, Senator JD Vance from Ohio, Trump’s Republican primary opponent Vivek Ramaswamy and Tennessee Senator William. Bill Hagerty and others. "Bloomberg" reported that the inviter of the event stated that it would be open to 100 to 150 donors, and participants could communicate with influential guests. After the event, you can also watch Trump deliver a speech about Bitcoin from a front-row seat.

According to the "Wall Street Journal" information, the funds raised will go to Trump's joint fundraising committee "Trump 47 Committee." The committee can transfer funds to the Trump campaign, the Republican National Committee, and state Republican committees across the country.

The invitation also mentioned that donations can be made in cryptocurrency, which is not surprising. After all, the Wall Street Journal stated that Trump became the first major presidential candidate to accept cryptocurrency donations in May this year. The Trump campaign raised $3 million through cryptocurrencies in the second quarter, with the main currencies received being Bitcoin and Ethereum, according to recent federal campaign finance filings.

Source: X Trump will attend "Bitcoin 2024" as a speaker

Trump’s stance on cryptocurrencies

Trump's move to raise funds at the 2024 Bitcoin Conference represents, on the one hand, a change in his stance on cryptocurrency.

Last month, Trump also met with executives from the cryptocurrency mining industry at Mar-a-Lago, Florida, and expressed his support for Bitcoin mining. Trump told attendees at the event that he loves and understands cryptocurrencies.

This is in sharp contrast to his stance as president five years ago, when Trump stated his dislike for cryptocurrencies and even believed that their value was based on "air" and could facilitate drug trafficking and other criminal activities.

The change of stance on cryptocurrency can be said to be one of the keys to Trump winning hearts and minds. In June, the Winkworth brothers, co-founders of the Gemini cryptocurrency exchange, each donated $1 million worth of Bitcoin to support Trump, and "Bitcoin Magazine" also called Trump "Bitcoin's Best Choice." Trump has promised that if elected, he would end the "hostile" attitude toward the cryptocurrency industry by the Biden administration and Democratic lawmakers.

In addition, after the recent shooting of Trump, many investors believe that the probability of Trump winning the White House has reached a new high. In addition, Trump is very supportive of cryptocurrencies. Therefore, they predict that other cryptocurrencies, led by Bitcoin, will also be very popular in the future. May receive more attention and support.

  • This article is reproduced with permission from: "Web3+"