Former President Donald Trump is seeking substantial contributions from his crypto-supporter base, setting a steep price of $844,600 for a private roundtable at the Bitcoin Conference 2024 in Nashville.
This amount, equivalent to 13.20 BTC, is part of a fundraising campaign slated for July 27.
Attendees also have the option to purchase exclusive photo opportunities with Trump, costing $60,000 for a single person or $100,000 for a couple.
The Bitcoin Conference 2024, organized by BTC Media LLC, runs from July 25 to 27 and is a major event for Bitcoin enthusiasts and industry leaders. The conference will feature up to 150 high-profile donors who will enjoy an evening with influential figures, including Trump’s address on Bitcoin.
Trump’s participation underscores his evolving stance on cryptocurrency. Throughout this election cycle, he has expressed support for the crypto industry, even suggesting that the U.S. should lead in Bitcoin mining to prevent other countries, like China, from dominating this space.
Trump’s vice-presidential pick, Ohio Senator J.D. Vance, is a known Bitcoin advocate and has legislative experience supporting digital assets. Vance also has a personal investment in Bitcoin, ranging from $100,001 to $250,000.
Trump’s campaign has seen a significant increase in crypto contributions, including $2 million from Gemini’s Winklevoss twins and an additional $3 million in crypto donations. Despite this, some critics view Trump’s recent crypto endorsements as politically motivated rather than a genuine commitment to the technology.
The SEC has sought a four-month extension in its investigation related to Coinbase, pushing the deadline to February 2024, just after the US presidential election.
DZ Bank, Germany’s second-largest financial institution, has teamed up with Boerse Stuttgart Digital to offer cryptocurrency trading and custody services across its network of cooperative banks.
Charles Hoskinson, founder of Cardano, will meet with Argentina’s President Javier Milei in October to discuss blockchain’s role in shaping future economies.
Binance has seen a sharp rise in interest from institutional and corporate investors, with a 40% increase in participation this year, according to CEO Richard Teng.