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 Rep. Tulsi Gabbard, D-Hawaii, 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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