Former President Donald Trump pulled in a whopping $25 million at the Nashville Bitcoin Conference, drawing a star-studded crowd and making waves in the crypto world. Big names like the Winklevoss twins, boxer Jake Paul, singer Kid Rock, and songwriter Billy Ray Cyrus turned up, showing just how much the crypto community digs politicians who support digital currencies.
Trump’s big fundraiser got people talking. While some folks were impressed by the massive haul, others joked it was like a meme coin pre-sale. Still, Trump’s team used the event to pump up his pro-crypto vibes, getting a lot of attention.
In his speech, Trump grabbed headlines by promising to fire U.S. Securities and Exchange Commission Chair Gary Gensler, striking a chord with many attendees who feel the current rules on digital currencies are way too strict.
The event set new records, with the cost of a private roundtable with Trump hitting a jaw-dropping $844,600 – that’s about 13.20 Bitcoin! Fans could also snag a photo with Trump for $60,000, adding to the overall earnings from the event.
This fundraiser is part of Trump’s broader effort to connect with the bitcoin community. Since June, his campaign has accepted donations in various cryptocurrencies, and by July 2024, they had raised over $4 million in Bitcoin, Ethereum, Ripple’s XRP, and the stablecoin USDC.
As politics and cryptocurrency continue to intertwine, Trump’s successful fundraiser marks a big moment. It showcased not only the financial muscle of the crypto community but also their growing desire to be a part of the political conversation.