Former President Donald Trump reportedly raised $25 million at a fundraiser during the Nashville Bitcoin Conference. Fox Business journalist Eleanor Terrett revealed that Bitcoin Magazine CEO David Bailey confirmed this figure.Â
Prominent Attendees and Pro-Crypto SupportÂ
The event attracted notable attendees, including the Winklevoss twins, singer Kid Rock, actor Jake Paul, and songwriter Billy Ray Cyrus. Their presence highlighted the crypto community’s interest in supporting political figures who favor digital currencies.Â
Diverse Reactions and Fundraiser HighlightsÂ
While some were impressed by the amount raised, others compared it to meme coin pre-sales. Nevertheless, Trump’s campaign used the event to reinforce his pro-crypto stance. He even pledged to remove SEC Chair Gary Gensler, a promise that received enthusiastic support from the crowd, reflecting the community’s dissatisfaction with current regulations.Â
Exclusive Access and High-Ticket PricesÂ
A private roundtable with Trump came with a hefty entry fee of $844,600, payable in cryptocurrency, equating to about 13.20 Bitcoin. Additionally, photo opportunities with Trump were priced at $60,000 per person or $100,000 per couple, contributing significantly to the total funds raised.Â
Growing Crypto EngagementÂ
This event is part of a broader effort by Trump to engage with the crypto community. Since June, his campaign has accepted over $4 million in crypto donations, including Bitcoin, Ethereum, Ripple’s XRP, and USDC. Previously, Trump raised approximately $12 million at a June fundraiser hosted by venture capitalists David Sacks and Chamath Palihapitiya, with notable industry leaders in attendance.Â
