Trump Asks $844,600 for Fundraiser Seat at Bitcoin Conference

(Bloomberg) — Donald Trump is inviting his cryptocurrency supporters to a private fundraiser in Nashville on July 27, and he’s asking $844,600 for a seat at the round table.

Most Read from Bloomberg

An invitee to the event also had the opportunity to take a photo with the presidential candidate for $60,000 per person (slightly less than the current price of one Bitcoin) or $100,000 per couple. The fundraiser will be held during the Bitcoin Conference 2024, an annual event organized by BTC Media LLC for fans of the original cryptocurrency. Trump is set to speak on the conference’s main stage on the same day.

The $844,600 requested for the roundtable seat represents the maximum joint campaign contribution that can be made to the Trump campaign and the Republican National Committee under campaign finance laws.

Special guests in Nashville will include Trump’s vice presidential running mate, Ohio Sen. J.D. Vance, and the former president’s Republican primary rival Vivek Ramaswamy, Tennessee Sen. Bill Hagerty and former Hawaii Rep. Tulsi Gabbard, according to an email Bloomberg received from an anonymous guest describing the event. Attendance will be limited to 100 to 150 donors, the email said, and they will “enjoy drinks and appetizers while mingling with influential guests.” After the reception, guests will have front-row seats to watch Trump give a speech on Bitcoin, the email added.

There was no immediate response to a request for comment from Trump’s campaign, nor did anyone listed as a special guest at the event.

The Nashville fundraising effort is the latest sign of Trump’s pivot on crypto. He backed Bitcoin after meeting with crypto mining executives at his Mar-a-Lago club last month. Trump told attendees at that event that he loves and understands cryptocurrency and the benefits that Bitcoin miners bring to the power grid. It’s a shift from his stance on the asset class five years ago, when he said as president that he wasn’t a fan of cryptocurrencies because their value was based on “air” and could facilitate drug trafficking and other crimes.

The story continues

–With assistance from Stephanie Lai.

Most Read from Bloomberg Businessweek

©2024 Bloomberg LP

Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *