The post Donald Trump’s Appearance At 2024 Bitcoin Conference Yields $25 Million In Funds appeared on BitcoinEthereumNews.com.

This past weekend, the much-anticipated 2024 Bitcoin Conference took place in Nashville, Tennessee, and it turned out to be a huge success for former President Donald Trump’s aspirations for possible re-election in the upcoming November elections. According to recent reports, Trump’s campaign raised a substantial $25 million in a single night at a private fundraising event held on the sidelines of the broader conference. Trump’s Speech Electrifies Conference Attendees David Bailey, the CEO of BTC Inc. and the organizer of the 2024 Bitcoin Conference, confirmed the $25 million fundraising total to Breitbart News in an exclusive interview. Bailey also explained that the influx of donations, many from individuals new to the Republican Party or politics in general, underscores the impact of Trump’s involvement in the crypto industry. Key to the fundraiser’s success was the involvement of Republican Senator Bill Hagerty, who reportedly played a pivotal role in organizing the event for Trump’s political donations.  According to Breitbart News, Hagerty, formerly Trump’s ambassador to Japan during the ex-president’s initial term in office, actively engaged with donors in the lead-up to the fundraiser, encouraging their participation and contributions to the Trump campaign. “President Trump’s speech was one of the most articulate and strongest articulations of Bitcoin and crypto that I’ve ever heard from a political leader,” Hagerty told Breitbart News. “The energy throughout the conference was electric as a result.” Lummis Advocates For Bitcoin Reserve Notable attendees at the fundraiser included Senators Hagerty, Marsha Blackburn, and Cynthia Lummis, who announced her willingness to create a strategic Bitcoin reserve. According to Lummis’ proposal, which will be introduced as legislation in the next few days, the US government will purchase one million BTC over a five-year period, representing approximately 5% of the total Bitcoin supply. Lummis said: Establishing a strategic Bitcoin reserve would firmly secure the…

---

Filed under: News - @ July 31, 2024 9:42 pm