Trump Raises $25 Million At Cryptocurrency Fundraiser

By Anthony • July 31, 2024 5:35 pm • Comments

President Trump’s campaign raised $25 million in a cryptocurrency fundraiser at the 2024 Bitcoin Conference in Nashville, Tennessee.

CEO of the Bitcoin Conference confirmed Trump’s campaign and other entities raised $25 million for Trump.

Breitbart reported many of the donors were first time donors to a political campaign.

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Sen. Bill Hagerty (R-TN) was one of the major figures who helped organize the fundraiser.

Here’s what Breitbart reported:

Former President Donald Trump’s campaign and other affiliated entities raised a staggering $25 million in one night at a cryptocurrency fundraiser in Nashville, Tennessee, on Saturday, several sources familiar with the matter confirmed to Breitbart News.

David Bailey, the CEO of BTC Inc. and the conference organizer, confirmed the sum to Breitbart News. Many of the donors are new to the Republican Party or politics altogether, too, Breitbart News is told, and Trump’s energy in this space helped attract substantial investment in his political success. One of the key players who helped organize the fundraiser was Sen. Bill Hagerty (R-TN), the junior U.S. senator from Tennessee, who, before his election in 2020, served as Trump’s ambassador to Japan during the former president’s first term in the White House. Hagerty, multiple sources familiar with the matter told Breitbart News, helped, for weeks, in the lead-up to the event by reaching out to donors and getting them to come and give to the Trump campaign at this event.

Trump, who also spoke at the broader Bitcoin 2024 Conference, held the fundraiser on Saturday afternoon at the Music City Center in Nashville. The broader conference started on Thursday and carried through Saturday.

Attendees of the fundraiser on Saturday included, per a source familiar, Sens. Hagerty, Marsha Blackburn (R-TN), and Cynthia Lummis (R-WY), as well as businessman and former Trump rival Vivek Ramaswamy. Jake Paul, the boxer and podcaster, was there, as were musicians Kid Rock and Billy Ray Cyrus. The Winklevoss twins, who founded cryptocurrency exchange Gemini, were also present.

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