Trump requests $844,600 for bitcoin conference attendees to join roundtable: report
Quick Take
- Donald Trump has invited individuals to pay $844,600 to attend a roundtable at the forthcoming Bitcoin 2024 conference in Nashville in late July.
- The roundtable appears to be a private fundraising effort during the conference, at which Trump will be a speaker.
Republican presidential candidate Donald Trump is asking participants of a forthcoming Bitcoin conference to pay $844,600 to attend a roundtable, reports Bloomberg citing an anonymous attendee's emailed invitation.
The invitation appears to be part of a private fundraising effort during the Bitcoin 2024 conference held in Nashville, Tennessee, from July 25-27, at which Trump will be a speaker.
In addition to paying nearly a million dollars for the roundtable, individuals can pay $60,000 and couples can pay $100,000 for a photo shoot. Trump's vice presidential choice, Sen. J.D. Vance, R-Ohio, Sen. Bill Hagerty, R-Tenn., former Republican presidential candidate Vivek Ramaswamy and former Rep. Tulsi Gabbard will also be in attendance at the fundraising event, Bloomberg adds. Only up to 150 donors will participate in the event, after which attendees obtain a front-row seat to Trump's Bitcoin speech at the conference.
Trump shifted towards a more positive stance on crypto in the first half of 2024. In mid-July, he stated that the United States must take the lead in the cryptocurrency industry, surpassing China. Vance is also pro-crypt and the Ohio senator aims to alter the Financial Innovation and Technology for the 21st Century Act (FIT21) to more favorably impact the crypto industry. It was recently revealed that Vance held over $100,000 worth of bitcoin.
Bitcoin traded at $63,604.58 as of 4:23 p.m. ET (20:23 UTC) on July 18, after decreasing 1.52% in the past 24 hours, The Block Prices show.
Correction (July 19, 15:00 UTC): Tulsi Gabbard is no longer a sitting member of Congress.
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